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120 Seat Thai Restaurant – Sydney North Shore For Sale

Sydney, New South Wales
Asking Price:
$98,000 (AUD)
Sales Revenue:
$520,000 (AUD)
Cash Flow:
Available on request

T/O $520K, Est. 1998. Lease till 2023. Great location. Lunches 5 days, dinner 7 days. Great rent ratio, $800/wk. Delicious Thai cuisine including BBQ, salads, stir fry’s, noodles, rice, soup & curries.
This is a family business Thai restaurant, very well set up and extremely busy with 120 seats inside, front and back.
Before retiring they’ll disclose all the secrets of trade and menu. Every measure of each ingredient on each plate will be disclosed to you. No secrets will be left unfold.

The rent is running on less than 10% of turnover with very good lease and terms.

The restaurant has a great following among visitors and locals.
With friendly staff, this shop is just waiting for a genuine owner to take it to the next level and a motivated seller is ready to make the transition smooth and stress free

Property information

Real Estate:

Lease

Lease Terms:

5 Years

Leasehold Rent:

$42,570 (AUD) per annum

Location:

Location is important and Upper North Shore is home for this great opportunity with busy foot traffic, train station, buses, shopping and plenty of car parking.

Premises Details:

120 seats inside, front and back.

Business Operation

Reasons for selling:

Retiring after 21 years trading

Trading hours:

MON-FRI: Lunch: 11:30am-3pm
MON-SUN: Dinner: 5pm-10pm

Employees:
3 casual + 2 owners
Years established:
21 years

Other Information

Support & training:

4 Weeks

Contact Information

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