Thai Restaurant
Introduction
This Thai restaurant established in 1999, and the current owners have been trading there for the past 5 years. A very popular spot amongst the locals and often frequented by celebrities.
They are known for their simple Thai menu being easy to cook, and providing a comprehensive wine list as most of their customer’s are wine buffs.
Being situated in the suburbs they do not require to open late or deal with raucous customers who frequent the city restaurants. The restaurant caters for a variety of functions and has the opportunity to increase its turnover by opening Monday nights, and lunch times, as currently the business only trades in the evening.
Also another way to capture more of the market would be by providing a delivery service.
The business has always operated without advertising, but is hugely supported by word of mouth.
The Council has informed the owners that there will be no more liquor licenses issued in the area, eliminating any new competition.
They have the cheapest rent by far available in the area and have just commenced their newly negotiated lease for the next 9 years!
Trading hours
Monday Closed
Tuesday 5pm-9:30pm
Wednesday 5pm-9:30pm
Thursday 5pm-9:30pm
Friday 5pm-10pm
Saturday 5-10pm
(No Lunches/No deliveries)
Lease
The premises are approximately 80 square metres and are leased at $16,000 per annum, for a period of 3 + 3 + 3 years, commencement date being August 2009.
Price
The business is being offered for $139,000 plus stock at valuation (Approximately $2,000)
Presented by James Carr of Austwide Business Brokers SA
Ph: 8363 4566 Mobile: 0414 601 414 |
