Restaurant - Thai Cuisine - Sydney CBD -Nett.profit $9,290 p.w

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.

Employees

2 Fulltime + 4 part-time+4 Casuals

Comment

Long 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

$500,000.00Price
  • 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

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