Licenced Thai Restaurant/ Bar…Melbourne

Melbourne, Australia
Asking Price: On Request
Business For Sale Details
Listed on Sep 16, 2024

Discover a unique opportunity to own a thriving Thai restaurant in the heart of vibrant Melbourne. Situated in a prime location, this restaurant is renowned for its diverse menu celebrating authentic Thai flavours and has built a dedicated customer base. Ideal for both seasoned restaurateurs and aspiring entrepreneurs, this turnkey business is ready for you to take over and continue its successful legacy.

Seize the chance to make your mark with this exceptional restaurant in Melbourne’s bustling CBD. This is a truly unique opportunity to step into a steady and busy turn-key restaurant business setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents its real value.
• Situated in a high-traffic area, the restaurant benefits from excellent visibility and accessibility. The location attracts both locals and visitors, ensuring a steady flow of customers.
• The restaurant features a spacious dining area, 200sqm, excellent fittings, fittings and fixtures, fully equipped commercial kitchen including a walk in cooler. The interior is well-maintained and includes comfortable seating for 100+ capacities. This setup supports efficient and high-volume service.
• This restaurant is both a beloved neighbourhood spot and a sought-after destination dining establishment well renowned beyond the local area.

BUSINESS HIGHLIGHTS:
*Established in 2008. Current owner since 2017.
*Lease expiration is April 2038, Annual Rent Increase CPI
*Current Lease Rate: $10,500/month
*Grease interceptor, Good size kitchen w/ walk-in cooler
*Licenced till 1am
*100+ Seat Capacities, 2 Restrooms
*10 full time employees plus mix of part time/casuals, Yearly Sales: $4,160,000+
*Beautiful well equipped Bar area
*Recently updated interior

The next owner could continue with the current successful Thai concept, or this could be considered for a cost-effective conversion to another Asian concept or something like a Dumpling House, or Ramen, or Hawaiian BBQ.

This is a confidential listing so you must complete a Confidentiality Agreement/NDA form for us in order to learn the name and address and to request further details.
We look forward to talking with you about this exciting opportunity!

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Financials (USD)

Asking Price Not Disclosed

Cash Flow Not Disclosed

Sales Not Disclosed

Converted From AUD

Exchange Rate $0.67

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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