JFL200726-Castle Hill Thai Restaurant - Top Location - Large Spaces

General Information

Restaurant serving delicious Thai cuisine including BBQ, salads, stir frys, noodles, rice, soup, curries, Thai specials and hot and cold drinks. - 183 SQM - 100 seats inside - Liquor License until 12AM  - Home delivery through Menulog, Uber Eats. - 80% of customers dine in.

Potential
No competition for Asian food in this area - Huge potential - do more advertising and promotion - extend opening hours and open for lunch. - Would suit Japanese and Korean cuisines, SUCH AS BBQ.

Features
Good size restaurant - No competition - Over  free parking outside. Full Commercial Kitchen with large cool room; Full Liquor License + Juice Bar ; 4 wok stove + 4 Burner + 2 Deepfry + 3 Freezer + Ice Maker + Dishwasher ...... ALL EQUIPMENTS VALUES AROUND $150,000.

Premises
This business has an area of 183 sq.mts. inside ; Free parking avaliable;

Location
Situated on busy road, heavy foot trafic, close to castle hill mall shopping centre 

Trading Hours
6 days -  Tue. - Sun.  4:30p.m. - 9:30 p.m. 

Lease
Current lease expires Oct. 2020 + 5 years option - 3 months bond - 4% rent increases per year. NEW LEASE AVALIABLE

Employees
1 owner + 5 Full-times + 3 Casuals

Comments
LARGE SPACE , COULD CHANGE TO BBQ RESTAURANT.

 

Financials :

 

Weekly Taking   $ 12,000- $ 15,000

Rent ( Including Outgoing & gst)   $2,475 per week

Wages Paying out   $3,000

GAS  $2,500 Per quarter

electricity  $3,000 per quarter

 

equipments Values  $ 150,000

 

Selling Price : $88,000

 

 

JFL200726-Castle Hill Thai Restaurant - Top Location - Large Spaces

$88,000.00Price

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    Suite 302, 7 Railway St, Chatswood  - New South Wales - Australia  - COMPANY INTRANET