Restaurant- Thai - Asian Cuisine - Takeaway - M2241

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$99,000

Description

Restaurant serving Thai cuisine including a selection of salads & grills, curries, stir fried, noodles, rice and side dishes etc. Full kitchen with cool room. 40 seats inside and 50 seats outside. Trading 6 nights between 5 pm & 10 pm. The takings include home orders through internet platforms by using shops own delivery.

Potential

Could trade lunch and open 7 days to boost shop sales.- Could change to Chinese / Korean / Vietnamese / Indian etc Asian cuisine if desired.

Features

Long established with regular customers. Low rent with long lease. Short trading hours. Great growth potential. Well priced to sell.

Premises

Well presented shop with an area approx. 90 m2 plus large outside seating area.

Location

Prime location in North West shopping village.

Trading Hours

6 dinners - Tuesday to Sunday: 5 pm to 10 pm. Monday closed.

Lease

9 years lease commenced 15th May 2022 without rent increasing till 15th May 2027. From 15th May 2027 to end of lease rent review by CPI adjustment. 3 months rental bond ( $14,736 ).

Employees

One owner + 1 chef + 2 kitchen hands+ 2 table severs and 1 home delivery man.

Comments

The rent includes GST and all outgoings. Misc.- 1-refers to rubbish bill and other general business expenses. The vendor has owned the business for 2 months and has to sell for family issues. A good buy opportunity.

SBX ID

M2241

Figures
  • Takings: $12500/week (GST)
  • Cost of Goods: $3125
  • Gross Profit: $9375
  • Rent: $1247
  • Wages: $4500
  • Telephone: $20
  • Insurance: $33
  • Electricity: $280
  • Gas: $100
  • Misc 1: $150
  • Total Expenses: $6330
  • Nett Profit: $3045
  • Estimated Stock (Additional): $3000
  • All other values ex GST
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