Restaurant - Takeaway -Thai Cuisine - Ice Cream - SFG1122

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$195,000

Description

Restaurant - Takeaway - Ice Creamery. This local favourite with high net profitability benefits from a recent $150,000 upgrade producing an authentic south east Asian ambiance. Serving Thai stir fries and curries as well as a varied and unique chef suggestion range with an emphasis on seafood which is fitting for its location. The restaurant also includes a popular side business of an ice creamery which befits its location where passersby like to go for an afternoon or evening stroll and grab an ice cream. The leasehold also has an upstairs 2 bed room apartment with separate access included in the low rent, with a single car garage and storage. 40 seats inside, 20 seats outside.

Potential

Further enhance website and instagram presence. Introduce Thai retail lines for food, cutlery and kitchen items. Open for breakfast trade. Open 7 days.

Features

Good reputation. New shop fit. Low rent also includes a residence and garage. Profitable. Two businesses in one. Loyal clientele supplemented by holidaymakers.

Premises

Attractive recently upgraded shop fit featuring natural wood totalling 120 sq m.

Location

Great high foot traffic location in busy seaside location on the Central Coast.

Trading Hours

6 days, Wednesday to Monday: 12 pm to 3 pm and 5 pm to 9 pm.

Lease

New lease available to approved applicant. Currently a two month bond applies.

Employees

2 full-time owners and casuals

Comments

Highly attractive opportunity to acquire a low rent profitable restaurant in a picturesque area near the water. Low rent and a residence are standout features. Recipes will be passed on and training availed to the new owners. Coffee machine is owned by supplier and would assist if business is expanded into breakfast trade.

SBX ID

SFG1122

Figures
  • Takings: $11000/week (GST)
  • Cost of Goods: $2400
  • Gross Profit: $8600
  • Rent: $910
  • Wages: $1500
  • Telephone: $23
  • Insurance: $45
  • Electricity: $300
  • Gas: $60
  • Misc 1: $150
  • Misc2: $1350
  • Total Expenses: $4338
  • Nett Profit: $4262
  • Equipment (Included): $60000
  • Estimated Stock (Additional): $9000
  • All other values ex GST
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