Seaside Asian Restaurant - Collaroy, NSW

Collaroy NSW · Food & Drink · Takeaway

Last asking price $75,000

Sold July 2023

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Turnover $250k - Prime Location Opposite The Beach - WIWO

Located close to a busy hotel and licensed club, Exquisite Thai Restaurant enjoys year-round trade in this busy northern Sydney seaside suburb.

Previously operated as a popular Chinese Restaurant, this 40-seat eatery would suit any Asian cuisine.

Business Highlights:

-Excellent Main Road location - Directly opposite the beach

-Established 10 years - Current owners 4 years

-15% Return on Turnover + weekly wage for the owner

-Full kitchen fit-out with stoves, gas burners, benches, fridges, storage room - would cost $300k to set up new

-Customers include Locals & Tourists - Increased weekend lunchtime trade

-Sponsorship with local Surf Club generates good support

-Registered contracts with Uber Eats, Menulog & Deliveroo

-4 years into a 5-year lease + 5-year option

-Open 7 days per week

-Excellent opportunity for husband & wife / family business

With improved post-COVID trading and regular staff availability, this popular restaurant offers excellent growth potential.

The current Owner/Chef must sell due to a move back to Thailand - but will stay on to provide training / handover for 4-6 weeks.

Price: $75,000 Including Stock

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