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Restaurant business for sale in Newtown

  • Restaurant
  • Newtown NSW 2042
  • $270,000 (GST na)

SFG1009 - Business For Sale - Restaurant Profitable

Restaurant - Thai Cuisine - Takeaway - Sydney City Fringe
SBX Business Code: SFG1009
Restaurant serving classic, exotic and inventive Thai cuisine. - Open for lunch and dinner and providing takeaway and home delivery. - High quality shop fit creates the right atmosphere and features open galley kitchen with exhaust, burners, gas works, char-grill , fryer. BYO, separate storage area and cool-room. - Deliveroo home delivery service. - 64 seats inside and 8 outside.

Potential
Increase social media advertising and consider contracting to Menulog.

Features
Superb location - High foot traffic - Attractive fitout - Profitable - Excellent clientele.

Premises
Classic retro modern street style asian design with excellent street exposure comprising two levels totalling 120 sq. mts.

Location
Situated in popular eating district of Sydney in a super trendy area with extraordinary foot traffic in the City Fringe.

Trading Hours
7 days - Mon. - Sun. - 12 noon - 10 p.m.

Lease
Current lease expires June, 2020 + 5 year option - C.P.I. increases p.a. - 4 month bank guarantee.

Employees
2 owners + 6 casuals

Comments
Misc.- 1 - Deliveroo charges. - Misc.- 2 - sundry expenses. - Fantastic opportunity to purchase well regarded and well established Thai restaurant in a brilliant location. - Note that business name does not form part of sale.
Figures
Weekly Sales $21000
Rent (ex GST) $3300
Wages $4000
Profit $5965

SBX Business Code: SFG1009

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014935116
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Category
Last updated  4 Apr 2019
Map for Newtown NSW 2042
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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