Are you looking to own a thriving Thai restaurant and bar in the heart of Sydney? This well-established venue, located not far from Chinatown and a short walk from Town Hall, offers a fantastic investment opportunity.
Business Overview:
Our Thai restaurant and bar can accommodate over 120 people, making it perfect for various events. Located in a bustling office zone with heavy foot traffic, it’s just a 5-7 minute walk to Town Hall Station and connects to the walkway to Darling Harbour.
Key Highlights:
- Prime Location: Situated in a high foot traffic area, close to Town Hall and Darling Harbour.
- Spacious Venue: Three floors, each capable of seating around 50 people or more.
- Versatile Use: Ideal for hosting events such as birthdays, weddings, and celebrations.
- Fully Licensed: Includes an alcohol license that can be transferred to the new owner.
- Established Clientele: Regular bookings for birthday parties and corporate events.
Financials:
- Lease Terms: $23,000 per month with 2 years and 1 month remaining on the current lease term. Renewal negotiable directly with the landlord.
- Trading Hours: Open 7 days a week from 11:00 AM to 12:00 AM, closing at 10:00 PM on Sundays.
Operations:
- Staff: 11 employees (3 full-time: 1 chef and 2 waitstaff; 8 part-time: waitstaff and kitchen staff).
- Owner Involvement: Full-time involvement in managing daily operations and ensuring customer satisfaction.
Expansion Potential:
- Extended Hours: Opportunity to offer breakfast service to nearby hotel guests.
- Event Hosting: Ample space to accommodate larger events and increase bookings.
- Marketing: Potential to enhance marketing efforts to attract more customers.
Reason for Sale:
The owner needs to return to their home country to assist with their family business.
Support and Training:
- Training: 2 weeks of comprehensive training provided if continuing as a Thai restaurant.
- Staff Retention: Assistance in retaining current staff.
- Supplier Introduction: Introduction to main suppliers and regular customers.
Industry Trends:
The restaurant has been experiencing a steady increase in bookings for birthday parties and company events. With the festive season approaching, there is significant potential to boost bookings and revenue.
Contact Us:
Want to learn more about this business? Fill out the enquiry form today.
