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Restaurant business for sale in North Sydney

  • Restaurant
  • North Sydney NSW 2060
  • $95,000 (GST na)

SFA1023 - Business For Sale - Restaurant Thai restaurant - Takeaway - 5 days - Low rent -Prior to COVID sales $13K pw

Takeaway - Restaurant - Thai Cuisine - Lower North Shore
SBX Business Code: SFA1023
Restaurant and takeaway serving authentic Thai cuisine available from the hot food bar or cooked to order fast and fresh including, noodles, stir fries, seafood, curries, street food and cold drinks. - Full compact kitchen - POS system - 30 seats inside - 10 seats outside

Increase trading hours - Apply for liquor license - Introduce Uber Eats & delivery services - Utilise social media platforms - Increase outside catering - Create breakfast menu

Short hours - 5 days - No direct competition - Under management - Office block close by accommodating 5000 office workers

This restaurant has an area of 80 sq. mts. including open dining area.

Well located near major commercial businesses and train station on the Lower North Shore

Trading Hours
5 days - Mon. - Fri. - 10 a.m. - 2 p.m.

Current lease expires September, 2020 +3 year option available- Annual 4% increases - 3 Month Bond

1 Manager + 1 Chef

Prior to COVID the business turn over was $13,000 p.w. - Huge potential for a hands on owner operator or couple to reduce wages, increase sales and profit. Managers wage of $1000 pw has been removed and shown in net profit as for a owner operator
Weekly Sales $5000
Rent (ex GST) $1182
Wages $600
Profit $1717

SBX Business Code: SFA1023

SBX Business Brokers - Sydney Business Exchange

Map for North Sydney NSW 2060
Map for North Sydney NSW 2060North Sydney NSW 2060
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Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065