Phone enquiries - please quote property ID 37301.
An exceptional opportunity to purchase a well-established Thai restaurant in the heart of Dromana a thriving tourist destination on Victoria's Mornington Peninsula. With a growing resident population of over 8,000, plus huge visitor population, this business benefits from both local and vistor patronage. Situated on Point Nepean Road, this is the first restaurant seen when entering Dromana, offering unbeatable visibility and beach frontage.
The business has been successfully operated by a husband-and-wife team for over 14 years and is highly regarded in the local community under the name Kacha Thai. Prior to this, the restaurant was still Thai Cuisine. Currently has a strong revenue with takeaway, supported by Uber Eats, Menulog and KraveIn with a huge opportunity to expand dine-in.
Key Features:
* Long-term lease: 3x3x3 yrs, including a 2-BR on-site residence (available for owner-operators only).
* Compact yet comfortable accommodation: one bedroom downstairs, second with lounge & bathroom upstairs.
* Restaurant: seats 40+ inside and 32+ outside (nicely sectioned off).
* Commercial kitchen with 4 x Gas Woks, 6-Burner Gas Oven, 2 Electric Deep Fryers, 5 Freezers, 1 Fridge/Freezer, a Cool Bar, Walk-in Cool Room (3x3m)
* Has an Annex area (approx. 3m x 8m) ideal as a mancave, office, or additional prep space+ separate area for Storage
Growth Opportunities:
* While Thai cuisine has proven successful in Dromana, the location and setup are versatile, allowing for the introduction of alternative cuisines to cater to diverse tastes.
* The business is currently only trading 5 nights per week (5pm9pm) As owners choose to offering huge scope to grow by extending dine-in hours thus extra revenue.
* Currently BYO - option to investigate licence
Support & Transition:
Owner-chef is willing to assist with the transition. (If new owner requires the chef to stay, it can be offered for a few months at Award Rates.
With good returns, a prime location, and excellent growth potential, this is the perfect opportunity for either a family or experienced operator looking to step into a turnkey business in one of Victoria's most desirable lifestyle locations.
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