120 SEAT THAI RESTAURANT FOR SALE – SYDNEY NORTH SHORE

Listing Number: 47441-961715

Description

Summary
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.

Location Details
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.

Lease
5 years

Skills
Chef

Potential
• Big potential to do online deliveries
• Potential to improve Social Media presence
• Potential to have Liquor License

Reason for Sale
Retiring after 21 years trading

About the Business
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 making them highly successful and profitable.
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.

CONTACT WILLIAM CARDOSO TODAY FOR A MORE DETAILED INFORMATION MEMMORANDUM

Listing Details

  • Price: $98,000
  • Down Payment: $9,800
  • Sellers Discretionary Earnings: $0
  • Total Sales: $0
  • Location:

  • Inventory: $0
  • FF&E: $0
  • Employees: 3
  • Year Established: 21 years
  • Reason for Selling: Retiring
  • Category: Restaurants
120 SEAT THAI RESTAURANT FOR SALE – SYDNEY NORTH SHORE