Highly Lucrative Restaurant Opportunity

Sydney NSW
Asking Price $99,000 +SAV, Leasehold
Revenue Undisclosed
Profit Undisclosed
About

Summary

This is a well-established Thai restaurant located in a busy retail hub with plenty of foot traffic. It has a loyal customer base built over 20 years and currently operates six nights a week, with great potential to increase trading hours.

Rent

$1,859 per week.

Location Details

Situated on Gymea Bay Rd, Gymea NSW 2227, the restaurant features a spacious dining area that seats up to 60. There’s also a lovely balcony for alfresco dining above the popular Vinyl Room Nightclub.

Potential

With a strong, loyal customer base, there’s an opportunity to expand hours, start offering lunches, and serve the nearby commercial area. The balcony adds an attractive dining option, and introducing direct home delivery services could significantly boost revenue.

Skills

Previous experience in running a restaurant is required for lease approval.

Hours

Tuesday to Sunday, from 5 PM to 10:30 PM.

Lease

There are 3 years remaining on a 10-year lease, with renewal options available. A 3-month bond is required, not included in the sale price.

Employees

The business operates efficiently with minimal staff.

Reason for Sale

After 20 successful years, the owner wishes to spend more time with family and explore other interests.

About the Business

We specialize in authentic Thai cuisine, known for generous portions and consistently high-quality dishes. Our regular customers enjoy dining in and often book for special occasions with our banquet menu. There’s significant potential to extend hours, increase delivery options, and grow the customer base.

History

Established in Gymea in 2008, our Thai chef and team have built a reputation for quality food and service, making us one of the longest-running Thai restaurants in the area with excellent reviews.

This is a solid opportunity for someone looking to step into a successful business!

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Client No: W9751 Private sale, no contact by agents or marketers please. Last Updated 25 Mar 2025
Contact this seller
What's your enquiry about?
Client No: W9751 Private sale, no contact by agents or marketers please. Last Updated 25 Mar 2025