Sold

Thai / Vietnamese / Chinese Restaurant. All would do well on this main road location.

SOLD

Thai / Vietnamese / Chinese Restaurant. All would do well on this main road location.

Thai restaurant on a main road location with loads of passing traffic. The business cuisine could also change to Vietnamese or Chinese, or change the purpose entirely and trade as a cafe!

Established in 2011, this business has a following of regular dine in and home delivery customers.

The price of the assets purchased in 2011 = approx. $68K. We are now asking for $29K + SAV (which includes all assets and goodwill). Why start a restaurant from scratch?
The current owners have done the hard work for you.

Overview:

Established: 2011

Trading Hours: LUNCH: Tue - Fri 11am - 3pm
DINNER: Tue - Sun 5:30 - 10pm

Lease: 5 years (3 years remaining) (from 15/07/16 to 14/07/21)

Rent: $2,615 (+ outgoings) p/mth (No GST payable)

Rental Bond (Bank Guarantee): $7,845 (3 months rent)

Seats: 40

Liquor Licence: Yes

Staff: 4

Turnover (2017): $360,196

The business is run under management with the owners involved a few hours per week.

The owners are inviting offers.

To receive a business profile, please enquire via this website.

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Details

Suburb Sydney
Price SOLD
Property Type Business
Property ID 59
Category Food/Hospitality, Food/Hospitality

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Matthew Grech

0408 299 888