Thai Restaurant for Sale New Plymouth

Description

Business type: Thai restaurant

Location: central New Plymouth, New Zealand

Current status: established operating franchise business

Trading history: since 2011

Cuisine: traditional Thai

Financial information

Average weekly sales: $18,500 to $19,000

Working-owner profit: more than $200,000 per annum

Profitability: reported as strong

Rent as percentage of turnover: 6.5%

Source-stated investment recovery period under management: approximately 1.3 years

Customers and market

Customer base: established

Customer loyalty: stated as strong

Family dining market: established

Trading pattern: year-round

Location quality: stated as prime

Premises

Main dining room capacity: up to 100 guests

Private function area capacity: 40 guests

Total dining capacity: 140 guests

Products and operations

Food preparation: fresh onsite

Ingredient quality: stated as high

Operating systems: established

Franchise model: in place

Franchisor support: available

Staffing support: available through the franchise model

Lease

Lease: secure

Rent: stated as very reasonable

Outgoings: stated as reasonable

Revenue channels

• Restaurant dining
• Family dining
• Private functions

Potential buyers

• Owner-operators
• Working couples
• Existing restaurant operators
• Hospitality investors
• Franchise operators