Transworld Business Advisors - South Yarra Phone : 0404 47 ****
Sean McBride
03 85 ****

0404 ****


THAI RESTAURANT SOUTH YARRA $7.5K PW | RENT $815 RENT

Listing Id : 251697

Location : Victoria - South Yarra -Melbourne

Category : Restaurant, Hospitality and Tourism, Food

Asking Price : 45,000

Business description

Location Details

Centre to all Toorak Rd and South Yarra has to offer - at half the rent expected in this prize catchment area of food retail. Within this high-density residential area, this position allows for easy delivery/pick-up and convenience for walk-ins for affluent locals.

About the Business| Owners contribution

This business is operating with little to no marketing, has a strong online presence with great reviews and an existing delivery network/system already established with the reputation of current business name.

Currently serving a simple Thai food offer serviced by casual cooks, no chefs required, and staff are happy to stay on with new owners.

Cheap rent and outgoings* allow this business to retain great margins that could only be improved by owner’s contribution to marketing the surrounding abundant catchment and affluent residents.

*Water rates only- no water usage charges, as is a council tenancy, very rare and desired for rental terms and cheap outgoings.

The kitchen is well-proportioned, efficiently designed and fully fitted:

 

  • 4 Burner Gas stove
  • Double wok station
  • Double fryer
  • Double sink
  • Good refrigeration
  • Full stainless appliances, shelving and work benches
  • 2 x Mopeds

Strenghts

  • Cheap rent/outgoings
  • Strong financials
  • Large online following

Lease | Sept 2**** ****

Staff | 2 x casual cooks | 2 x casual drivers | Owner works 7 days 5.00 -10.30 pm

Rent | $815 PW (No CPI increases)

Hours | 5.00 - 10.00 PM | 7 days - Lunches if desired

Skills | Staff Management, Customer Service, Stock Buying, Cooking if not retaining current staff, Business admin.

Training | 3 weeks

Potential

Fully licensed, this business is ready for growth and would benefit any new owner to either simply take over and run then increase sales with Brochure Drop, Social Networking, Price Increases, Extended trading; addition of lunches – lunches currently closed.

Addition of easily obtained ‘delivery liquor license’ to add the service of delivered alcohol to increase sales. $150 per year approx. Only easily obtained as addition to current license, normally a rare license to obtain.

Reason for Sale | Kids health and wellbeing

History | 10-year trading history

Keen vendor, inspections sure to impress, genuine buyers are encouraged to Contact Sean McBride on**** **** for a full Information Memorandum.

 


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