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Thai Restaurant In Northern Suburbs | Ideal Location For Sale

Northern Suburbs, Queensland, Australia
Asking Price:
$110,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

This restaurant offers a wide range of delicious meals to local and repeat customers. They have positioned themselves on this strip to be the go-to restaurant for Asian cuisine.

History
Established in 2006 and purchased by the current owner in 2016.

Revenue
$203,527 pa

Rent
$63,000 pa

Expenses
$149,698 pa

Net Profit
$82,110 pa

Location Details
Less than 10-minutes from Brisbane CBD in the Northern suburbs of Brisbane.

Hours
Currently only open during dinner time. The new owners have the opportunity to open at lunchtime to improve revenue.

Lease
Expires 3/5/24
5-year option.

Employees
1 x cook (full time)
1 x cook (part time)
2 x front counter staff/servers (casual)

About the Business
This restaurant is strategically located along a busy strip in the Northern suburbs of Brisbane. This strip offers a dynamic range of entertainment options for patrons like dining, shopping, and more.

Highlights
o Diverse and popular range of famous dishes from Thailand
o Indoor and outdoor dining area can seat 40 people at any given time
o Located in a busy precinct and within close proximity to motels and hotels
o Ample parking available for customers
o This business offers repeat customers and new customers from hotels and motels
o Highly trained staff members
o Focused serviced hours providing the owner good hours in the day to perform
administrative tasks, purchase needs, and other business tasks
o Up to 2-weeks training to the new owner to help facilitate a swift change in management

And More!

Enquire Today
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Property Code: 44

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