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Prime Thai Restaurant & Bar Opportunity in Sydney

Sydney NSW, ID 157743

Prime Thai Restaurant & Bar Opportunity in Sydney 1
Prime Thai Restaurant & Bar Opportunity in Sydney 1
Asking price:
AUD $85 000
Sales Revenue: $750 000 aud
Owner
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Description

Well-established Thai restaurant and bar in Sydney, located near Chinatown and a short walk from Town Hall. The venue accommodates over 120 people across three floors, suitable for birthdays, weddings, corporate events, and other celebrations. Fully licensed, with regular clientele and established bookings. Lease $23,000 per month, 2 years and 1 month remaining, renewal negotiable. Open 7 days a week, 11:00 AM to 12:00 AM, closing at 10:00 PM on Sundays. Staffed by 11 employees: 3 full-time (1 chef, 2 waitstaff) and 8 part-time. Owner currently full-time managing operations. Expansion opportunities include breakfast service for nearby hotel guests, hosting larger events, and increased marketing to attract more customers. Sale due to owner returning overseas. Two weeks of training provided, assistance with staff retention, and introductions to suppliers and regular customers.

Details

Real Estate: Lease
Employees (ppl): 11
Reason for selling: Relocation
Support from seller: Hand-over period
Asking price: 85 000 aud
Sales Revenue: 750 000 aud
Rent (per year): 276 000 aud

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