Thai Dine in and Takeaway
Stock Included: No
Stock Value: 1,500
Years Est: 8
Gross Revenue: 205,000
Bua Thai is a Dine in and Takeaway business located in Kiara International Food Hall which comprises 6 different stalls - Cafe, Japanese, Italian, Carvery Fish & Chips, Chinese and Thai. In addition there is a Bottle O bottle shop located next door.
The Food Hall is located adjacent to Kiara Shopping Centre which is a neighbourhood shopping centre containing an IGA Supermarket, Chemist, Civic Video, Hairdressers and Medical Centre. There is also a Puma Service Station on the corner of Morley Drive and Bottlebrush Drive Kiara.
The Food Hall trades Tuesday to Sunday 11.30am – 9pm for Dine In and Takeaway. It is licensed for BYO beer and wine and presents as being very clean and family friendly with a large parking area. The Food Hall management employ staff to collect and wash used china and cutlery so the stall owners can just focus on cooking and serving the food.
The business has offered Thai food since 2006 but new owners could change it to another offering such as Indian, Vietnamese, Cambodian, Greek or Lebanese if they so desired.
This sale represents a great opportunity for a chef or cook who wishes to get on the first rung of business ownership in the food and hospitality industry.
Sales for 2013/14 were $205,000 and the business is run by just a husband and wife. Opportunities exist to improve the turnover by introducing Eftpos and promoting the Takeaway side by doing more local advertising. A new owner should look to increase the Gross Profit margin from its current range of 52% - 55% up to 60% which should then improve profitability by between $25,000 and $64,000 pa. 2013/14 accounts which have been prepared by a Chartered Accountant are available for inspection.
The business offers good cash flow. The business benefits from offering a limited menu which helps minimize wastage and the prices of dishes range from $10.50 to $15.00.
The business has very good plant and equipment and included within the tenancy is a 3.25 square metre cool room.
For more details or a copy of the Business Profile contact the selling agent.
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