Sold - Seaside Asian Restaurant – Collaroy, Nsw

BS151126 BS151126, Collaroy, New South Wales 2097

SOLD

Key Features

AI generated. Contact seller to confirm.

Prime location opposite the beach
40-seat eatery suitable for any Asian cuisine
Full kitchen fit-out worth $300k
Strong local and tourist customer base
Sponsorship with local Surf Club
Registered with Uber Eats, Menulog, and Deliveroo

Turnover: $250,000
Net Profit: Not disclosed
Rent/Lease: 4 years into a 5-year lease + 5-year option
Stock Value: Included
Established: 10 years

Business Details

Business Category Restaurant Takeaway

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