Established Thai restaurant with steady profit, and HEAPS of room to grow

Phone enquiries - please quote property ID 29393.

Established for over 1 year, Thai Lao Isaan Restaurant is currently operating with a solid profit in a fantastic location. Situated in Salamanca Square, Battery Point, this is a premiere Hobart location with 5 years still on the lease. The business is currently running steadily with minimal advertising and .hours, so there is heaps of room to grow should you wish to increase the business further.

Details at a glance:
- Thai Food Restaurant with steady profit
- Established a little over 1 year
- All equipment required to continue operation, amounting to over $100,000 included in the sale
- Fantastic, extremely popular location in Hobart’s Salamanca Square, Battery Point
- 5 years left on the lease with a supportive landlord
- Training offered for the new owner if required
- Trained staff in place, skilled in all areas of the business – front and back

The business has additional staff in place, but the current owner is a chef and works to support the business. The new owner would ideally be someone who is also a chef or has knowledge of the food business looking to expand the restaurant’s offerings and hire more staff. There is heaps of room to grow here, with the current profit being steady, but the restaurant is only open 5-9 pm and minimal advertising is done. With a license for lunch as well already in place, the option to extend hours and increase profits is certainly an appealing one that this opportunity offers! In such a well-frequented, tourist hotspot, customers are almost guaranteed – especially on Saturdays when the area is inundated with market-goers!?

The restaurant relies on its existing customer base, location, and existing website for business, but further advertising through avenues like social media ads could see even further profits.

The current owner simply doesn’t have the time to invest in this venture, but with a little extra effort and time, this opportunity would make for a lucrative investment. Enquire today!

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