Licensed Restaurant & Bar - Takeaway - Thai Cuisine - Delivery - Restaurant - Takeaway - Sydney CBD - Thai Cuisine - Haymarket Close to theatre - SF1597
Licensed Restaurant & Bar - Takeaway - Thai Cuisine - Delivery - Sydney CBD - Agent SBX Code Number: SF1597
Restaurant, functions and takeaway - Currently serving fast, tasty and fresh Thai cuisine including entrees, noodles, curry puffs, chicken satay, stir fries, seafood, curries, soups, fish, salads and cold drinks - Quality design fit out and presentation. - Large fully equipped kitchen with cool room - Fully licensed - Set menus and home delivery - 96 seats inside over 2 levels and 8 seats outside -Sales shown are current and increasing and pre lockdown sales $27K Jan - Dec 2019 weekly average - Outgoings shown include water, rubbish removal and grease trap services.
Potential
Promote and expand catering could further increase sales and profit - Increase social media presence - Could promote coffee - Do more home delivery - Promote functions, utilise the bar more and offer pre- theatre dinner.
Features
Fantastic and highly sought location in Sydney CBD - High foot traffic. - Very well established for almost 11 years - Loyal clientele and popular with locals - Large function area upstairs - No outdoor seating fees - 1 parking spot included
Premises
Beautifully set up spacious 2 level modern restaurant with full glass surround, vibrant wall art features, timber tables and chairs, 3 toilets, store room and an area of 213 m2 and 1 parking spot
Location
Opposite busy theatre venue, close to commercial, hotels, retail and residential areas and below a 240 room apartment block in the heart of the Sydney CBD and Haymarket (See Photos)
Trading Hours
7 days and nights - Mon. - Sun. - 11 a.m. - 10 p.m.
Lease
Current lease expires June 2025 - CPI Increases - 6 month bond.
Employees
One owner + 2 full timers, 1 Part time + 1 casual as required
Comments
Misc.- 1 - other general expenses and GST. This is a fantastic opportunity to purchase one of the most well known Thai restaurants and takeaways in the CBD, close to the theatre, many hotels and the tram station.- Popular with tourists and locals and with a Bar on two levels and large function area. - Hotel staff in nearby area get 10% discount bringing in many customers. -This restaurant has a stunning upstairs room and is a spacious two level restaurant with full glass surround and street views - 1 Parking space is included on the lease - Please see all the photos provided with this listing. A must to inspect but please be very discreet and call your broker for more details. Price dropped.for a quick WIWO sale and not selling with any financials but on location and premises- Name is also included and sales are increasing since the theatre has re opened
Figures
Weekly Sales $22600
Rent (ex GST) $5800
Wages $4100
Profit $4140
Agent SBX Code Number: SF1597 - SBX Business Brokers
For more details, please email broker or call agents.