Dava Thai Restaurants - Thai Treasure On The Mornington Peninsula

Business For Sale Mornington, Victoria 3931

Business Category Catering Restaurant Takeaway Food

$495,000 for each restaurant


Dava Thai Restaurants - Thai Treasure On The Mornington Peninsula

Looking for that secret treasure spot that will provide your family with a secure income for the future? Dava Thai restaurants have been serving up delicious authentic Thai food for the last eight years from their two locations in Mornington and Frankston South. These have both grown significantly since COVID-19, creating a fortune based on the huge increase in takeaway and delivery markets.

Both venues are well-known for their delicious menus with rich spicy dishes, soups, curry, noodles and salads that mix old favorites like Mussaman Curry, Pad Thai, Tom Yum, Singapore and Hokkein Noodles with new creations like Dava Curry, Pad Kee Mao Duck, Coconut Prawn Delight, Pork Belly Salad and Sticky Rice with Mango.

Since the two venues are located only 17 minutes apart, together they are able to cater for a delivery area of 160 square kilometres. Orders can be made directly through the Dava Thai website or via Menulog, Uber and Bite Local. However, all deliveries are handled by the Dava Thai team of drivers, assuring reliable, on-time delivery and consistent quality.

Features of Dava Thai Mornington:
• Operating for last 8 years
• Opening hours: 4pm - 8pm (currently closed Tuesdays and Wednesdays)
• 95 square metres internal with storeroom, cool room and dry store located externally with access from the laneway at the rear of the building
• Liquor licence 12 noon – 10pm
• Seating for 20 persons
• Ample free parking
• Extra cool room inside kitchen
• Attractive monthly rent of $3750 (including GST)
• Secure lease with 3 x 3 year options
• Fully equipped up to date commercial kitchen (see photos)
• Impressive turnover and high net profit
• Price: $495,000 plus SAV (approx. $10,000)

Features of Dava Thai Towerhill, Frankston South:
• Operating for last 6 years
• Opening hours: 3pm - 8pm for dining and deliveries (7 days a week)
• 158 square metres including cool room and dry store with rear access from the kitchen to the carpark
• Liquor licence 12 noon – 10:30pm
• 50 seats
• Ample free parking
• Excellent monthly rent of $6400 (including GST) for venue size
• Long lease with initial 10 years and 2 x 5 year options
• Fully equipped up to date commercial kitchen (see photos)
• Significant turnover and high net profit
• Price: $495,000 plus SAV (approx. $10,000)

The two restaurants are offered as a package, although the owners will consider selling them separately. A free assistance, handover and training period will be offered to the successful buyer/s. The business will suit a dynamic couple wishing to be involved fully in the business, overseas investors or business migrants and can be either owner-operated or run under management by competent staff.

If you think you have discovered buried treasure in this opportunity, please contact Alan immediately to reserve your time for an inspection of both premises and a chance to discuss the business in detail with the owners.

Price: $495,000 + SAV (approx. $10,000) for each business, including all plant, furniture and equipment, assistance and training

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller

Bsale ID: 580415
Broker REF: 3358859

Maguires Real Estate
Make Enquiry

Thank you, your enquiry has been sent now.