Summerie’s Thai Restaurant – Townsville City

AU$120,000
October 30, 2020

Description

Business Overview
Summerie’s Thai Restaurant is perfectly located in the heart of the Townsville CBD on the corner of Flinders and Denham Streets (opposite The Brewery). The sellers have owned the business for 10 years and have decided that it’s time to downsize their business commitments.

This modern and stylish 70 seat restaurant is adorned with Thai ornaments and serves authentic traditional Thai cuisine. It has a fully licensed bar and also offers BYO (wine only).

Business Hours
The restaurant trades 6 days a week from Tuesday to Sunday, and opens for lunch 3 days a week. The current trading hours are as follows:

  • Tuesday: 5pm – 9pm
  • Wednesday: 11.30am to 2.30pm / 5pm – 9pm
  •  Thursday: 11.30am to 2.30pm / 5pm – 9pm
  • Friday: 11.30am to 2.30pm / 5pm – 9pm
  • Saturday: 5pm – 9pm
  • Sunday: 5pm – 9pm

Vendor & Employee Hours
Both vendors work in the business, one in a part time administrative role, and the other vendor works full time in the restaurant. Seven staff are engaged by the business.

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Fantastic location in the heart of the Townsville CBD
  • Excellent reputation for quality, authentic Thai food
  • Well established Facebook page with 1,500 followers - www.facebook.com/summeriethai
  • Facebook rating of 4.8 out of 5 stars
  • Professionally designed website with online ordering – www.summeriesthai.com.au
  • Great profitability levels being achieved
  • New lease term available for buyer
  • Well trained employees
  • Room to expand the business

Business Price
Summerie’s Thai Restaurant is being sold on a walk in walk out basis for $120,000.

Contact
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

  • Susan Butler – 0419 905 463 or susan@beyond2000.com.au
  • Margaret Butler – 0419 664 349 or margaret@beyond2000.com.au