Listing Number: 26971-88366
Every restaurateur would be extremely impressed and proud to own this highly visible beachside location established over 14 years ago.
It has been proudly awarded as One of the Top 20 Best Thai Restaurants by Dimmi for its fine food, great service and magnificent views. Sales reflect strong (20% - 30%) increase year on year.
This cosmopolitan Thai restaurant is superbly located in the heart of the ever popular seaside suburb’s foodies strip, and next to a premium 4.5 star hotel. A huge 2 level council car park is immediate behind the restaurant, giving convenient 3 hours free parking to its customers.
Hosting a strong customer base of local and tourists, the restaurant has extremely loyal clientele that are largely repeat customers.
The restaurant has long term professional staff with great team culture, 3 of the staff were sponsored Permanent Residency for their outstanding and diligent work.
The restaurant features tri folded floor-to-ceiling windows offering an abundance of natural light and ocean view, as well as waterfront breezes when completely open, maintaining a comfortable climatic atmosphere all year long.
- $20k - $30k weekly takings
- 20% - 30% increase in sales year on year
- No Off-Season (being busy all year round), marketing strategies in place provides healthy sales contribution.
- Popular venue for various functions, as well as group bookings from the business people living in the hotel.
- 70% of the customers are regulars.
- Great long term staff, the owner has looked after them very well.
- One full time owner operator mainly handles paper work and general management.
- Liquor license until 2am.
- 80 - 100 seating capacity inside.
- 2 bar areas serving great selection of wine, cocktail, and tropical drinks.
- Current lease has 3 years remaining plus 4 years option.
- Views of fireworks by the bay, special menu provided for New Year’s Eve Fireworks dinner.
- Social media and Website are in place
Open up the bar area at the back to sell drinks, snacks and sweets on-the-go.
- Price: $350,000
- Down Payment: $30,000
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: Withheld, New South Wales
- Inventory: $0
- FF&E: $0
- Employees: 0
- Reason for Selling: Owner's personal circumstances
- Category: Restaurants