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Thai - Takeaway - Cafe - Restaurant - Under Management - Sales $45,000 P.W. Ex Gst - Takeaway - Rest/Cafe - Eastern Suburbs - Sydney For Sale

Woollahra, New South Wales, Australia
Asking Price:
$368,000 (AUD)
Sales Revenue:
$2,340,000 (AUD)
Cash Flow:
$271,804 (AUD)

Restaurant - Delivery - Cafe - Under Management - Cafe by day and Currently serving Thai fast, tasty and fresh Thai cuisine - Very popular by day plus an all day/ night Thai Cuisine menu available - Approx 75% is Thai Takeaway and 25% dine in - Banquet menus and serving a la carte entrees, noodles, curry puffs, chicken satay, stir fries, seafood, curries, soups, fish, salads, coffee, pastries and cold drinks - Approx 18 kg. of coffee p.w. - Full Kitchen - Fully licensed - Delivery with deliveroo, Menulog and Uber - 28 seats - Two managers wages have been removed and shown in net profit as for owner operators - Full financials available after a meeting - Sales $45,000 p.w. excluding gst. - Submit all offers

Potential
Do more home delivery - Could increase sales with more local marketing - A motivate new owner or couple could reduce staff and increase profit

Features
TOP STREET LOCATION IN THE EASTERN SUBURBS OF SYDNEY - Very steady business with strong sales - Owner very motivated to sell - Full kitchen - Well established for almost 12 years - Under Management - Great social media reviews - Loyal clientele and very popular with locals. Village atmosphere, leafy outlook with lots of foot traffic - Owner operator or couple would save on wages, food costs and increase profit - Please contact your broker for name address and photos - Visit very discretely as a customer first as staff are not aware of the sale

Premises
Large premises with street front cafe and juice bar, full kitchen and male and female toilets and an area of85 sq. mts.

Location
Prime street front location on main road with good exposure, lots of residents nearby in a sought after address in the Eastern Suburbs of Sydney

Trading Hours
7 days - Mon. - Sun. - 8 a.m. - 3 p.m. & 5 p.m. - 9 p.m.

Lease
Current lease expires Oct .2023 + 5 year option, 4% Increases, 3 month bond

Employees
2 x managers (wages shown in profit), 5 x full time, 6 x part time & 4 x casual

Comments

Property Information

Location:

Prime street front location on main road with good exposure, lots of residents nearby in a sought after address in the Eastern Suburbs of Sydney

Business Operation

Expansion Potential:

Do more home delivery - Could increase sales with more local marketing - A motivate new owner or couple could reduce staff and increase profit

Trading hours:

7 days - Mon. - Sun. - 8 a.m. - 3 p.m. & 5 p.m. - 9 p.m.

Employees:
2 x managers (wages shown in profit), 5 x full time, 6 x part time & 4 x casual
Years established:
2010

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