SOLD – Seaside Asian Restaurant – Collaroy, NSW

Description

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