For Sale: Established Thai Restaurant with 2-Bedroom Accommodation
Discover a fantastic opportunity to own a well-established Thai restaurant in the heart of The Entrance, a bustling tourist and local hotspot on the Central Coast. This waterfront restaurant has been serving satisfied customers for 12 years and includes a spacious 2-bedroom accommodation, making it perfect for a couple or family business.
Business Overview:
- Location: Busy waterfront plaza with high tourist and local foot traffic. Surrounded by two major hotels.
- Seating: 50 seats inside, 26 seats outside with waterviews.
- Lease: $65,000 per annum plus GST. New 5+5 lease available.
- Trading Hours: Open 7 days a week from 12:00 PM to 9:00 PM (flexible hours).
- Staff: 3 delivery drivers, 5 floor staff, and 3 kitchen staff (roster system in place).
- Owner Involvement: Fully managed by the owner with a Thai chef in the kitchen.
Key Highlights:
- Established Business: Operating successfully for 12 years with a strong local and tourist customer base.
- Prime Location: High foot traffic, waterfront plaza location with live music and festivals. Ideal for watching New Year’s Eve fireworks.
- Facilities: Large kitchen with 4 commercial woks, large cool room, modern POS system, and a new website. Upstairs 2-bedroom accommodation with ample storage, perfect for a second business or more restaurant seating.
- Versatility: Suitable for any Asian cuisine, with a kitchen set up for Asian cooking.
- Convenience: Rear lane access for deliveries, 2 parking spots, and refurbished public toilets onsite.
- Community Engagement: Well-established online deliveries and takeaways.
Potential Expansion Opportunities:
- Extend operating hours.
- Enhance marketing for deliveries and dine-in.
- Improve menus and signage.
- Convert upstairs space into a second business such as Asian groceries, massage, or additional restaurant seating.
Reason for Selling: Owners are planning to relocate overseas and pursue other business interests.
Trends and Opportunities: Despite the challenges of the COVID-19 shutdown, the restaurant has maintained strong trade through takeaways and deliveries. The turnover is increasing, presenting a fantastic opportunity for growth.
Training can be provided to ensure a smooth transition for the new owners.
Don’t miss out on this exceptional opportunity to own a profitable and popular Thai restaurant in a prime location.
Want to learn more about this business? Fill out the enquiry form today.
