Prime Thai Restaurant & Bar Opportunity in Sydney

Sydney NSW
Asking Price $85,000
Revenue $750k - $1m
Profit
About

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.

Contact this seller
What's your enquiry about?
Client No: W9773 Private sale, no contact by agents or marketers please. Last Updated 24 Mar 2025
Contact this seller
What's your enquiry about?
Client No: W9773 Private sale, no contact by agents or marketers please. Last Updated 24 Mar 2025