General Information
Restaurant - Thai Cuisine - Sydney CBD HAYMARKET
Restaurant serving delicious Thai cuisine including BBQ, salads, stir frys, noodles, rice, soup, curries, Thai specials and hot and cold drinks. - 42 seats inside - Liquor License until 10 p.m. - Home delivery through Menulog, Uber Eats, Eat Now. - 70% of customers dine in.
Potential
No competition for Asian food in this area - Huge potential - do more advertising and promotion - extend opening hours. - Would suit Chinese, Japanese and Korean cuisines as well.
Features
Good size restaurant - No competition - Reasonable rent.
Premises
This business has an area of 107 sq.mts. Brilliant Corner position
Location
Situated on busy main road in commercial retail street in Sydney Chinatown area.
Trading Hours
7 days - 10 a.m. - 10 p.m.
Lease
8 years + 8 years option ; Current lease expires Feb. 2023 - $44,000 bond - 4% rent increases per year.
Employees2 Fulltime + 4 part-time+4 Casuals
CommentLong and well esteblished Thai Restaurant with great Net Profits ; sales increasing month by month.
Restaurant - Thai Cuisine - Sydney CBD -Nett.profit $9,290 p.w
Figure Display Type Regular Weekly Takings $26,500 Cost of Goods $7,950 Gross Profit $18,550 Rent $3,077 Outgoings $0 Wages $5,500 Telephone $30 Insurance $40 Electricity $308 Gas $308 Misc 1 $ Misc 2 $ Total Expenses $9,260 Nett Profit $9,290
Price
$500,000
Estimated Stock (additional)
$10000