High Profitable & Extremely Popular 23 years old Thai Restaurant
Short Summary
Highly reputable & profitable Thai restaurant has built a very strong popularity in the Southern Gold Coast suburbs over the last 23 years.
Key Selling Points
- Established brand
- As close to Passive Income as you can get!
- Low Stock requirements
- Low working capital requirements
- Cashflow Positive
- Cash Cow!
- Long term Management and Staff in place
- Strong year to year Profits
- Low Rent
- Long Term Lease in place
- High Profit Margins
- 90% Repeat Work
- High visibility location
- Ideal for 491 Visa
This long established, profitable & renowned Thai restaurant takes great pride in being the beloved gem within the local community & tourists for 23 years.
With an idyllic setting & location, this restaurant with a rich history of excellence, known for its authentic Thai cuisine, has gained a loyal customer base and regularly receives high praise and accolades in restaurant guides.
The exceptional team, semi-managed by its owner at retirement age, including skilled chefs and attentive waitstaff, will ensure a seamless handover to a new owner.
This business offering significant growth potential, a new owner has the options of extending operating hours to attract the profitable lunchtime crowd, securing a liquor or leveraging delivery services to boost revenue streams
– Takings of averaged $14,000 per week ($10K to $16K)
– Excellent location attracting plenty of foot traffic, with reasonable rent ($2,000/week inclusive), long term lease, great landlord, great access & car parking
– Extremely popular with locals and tourists, easy to operate
– Trading 6 days per week, dinner only
– Fully licensed
– Fully equipped kitchen & fully staffed business
– Amazing potential for further growth
– Netting minimum $3000+ weekly to owner
Asking price: $275,000 (including stock)
Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813
Asking $275,000 (Negotiable)
Ref. no. BUY2311