Sold - Seaside Asian Restaurant – Collaroy, Nsw

Business ID: BS151126

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

Property Code: 2907