Thai Restaurant Business For Sale – Manly

POPULAR THAI RESTAURANT IN MANLY FOR SALE
UNDER CONTRACT

Thai Restaurant Business For Sale

Overview

Well established Thai restaurant located in an affluent Northern Beaches Sydney suburb.

This restaurant is located on a busy suburban shopping strip. It enjoys the benefits of limited competition and loyal customer base.

The restaurant can accommodate about 50 people inside and many more outside. This restaurant generates big portion of its income from takeaways and well-established home delivery system. It includes a fully equipped Asian style kitchen with all equipment in excellent condition.

This is an attractive, comfortable and profitable business likely to fulfil business visa requirements.

Potential

The business currently operates 6 nights dinner service only. Its located short walk from numerous apartment blocks so there is significant potential for further growth of the current market.

Other potential is in obtaining a liquor license, opening for lunch service, providing catering services to local businesses and more.

Features

  • Prestigious Manly location
  • Large unlocked potential for growth
  • Full Asian kitchen in very good condition
  • Good lease terms
  • Priced to sell
  • Quality kitchen equipment in very good condition
  • Walk in cool room

Trading hours

Mon-Sun 5pm-10pm (closed on Tuesdays)

Staff

1 owner, 2 full time, 4 casuals

Lease

5+5 lease (option to extend from April 2015)

Financials

Weekly Turnover: $6,000
Weekly Rent: $1,280 (includes outgoings)
Weekly Profit: $1,500
Equipment (included): $80,000
Stock (estimate): $3,000

UNDER CONTRACT