PRICE REDUCED BY $100,000!
Looking for buried treasure that will provide your family with a secure income for the future? Dava Thai restaurant at Towerhill, Frankston South is famous for its authentic and extensive Thai food since it first started trading just under 8 years ago.
Its success is due to a combination of a modern, tastefully designed 50 seat licensed café/restaurant and a very popular takeaway and delivery service. Situated in the newly redeveloped Ritchies Towerhill shopping centre on a prominent highway and close to the Frankston campus of Monash University, its potential for future growth is guaranteed.
The business is well-known for its delicious menu choices (with gluten free and vegan options), combining rich spicy dishes, soups, curries, noodles and salads that mix old favorites like Mussaman Curry, Pad Thai, Tom Yum and Singapore Noodles with chef's choices like Dava Curry, Pad Kee Mao Duck, Coconut Prawn Delight, Pork Belly Salad and Sticky Rice with Mango dessert.
Orders can be made directly through the Dava Thai website and deliveries handled by Dava Thai team of drivers or via Menulog, Uber and DoorDash. A team of Thai chefs and kitchen staff and a modern fully equipped commercial kitchen assures consistent quality and efficient and reliable, on-time delivery.
Features of Dava Thai Towerhill, Frankston South:
Continuous operation for over 7 years (including during COVID-19)
Opening hours: 7 days from 3pm - 8pm (Sunday, Tuesday, Wednesday) and 10am 8pm (Monday, Thursday, Friday, Saturday)
158 square metres including cool room and dry store with rear access from the kitchen to the carpark
Liquor licence 12 noon 10:30pm
50 seats
Ample free parking
Excellent monthly rent of $7,192.48 (including GST)
Long lease with initial 10 years and 2 x 5-year options
Fully equipped up to date commercial kitchen (see photos)
Annual turnover of close to $1 million
Complete professional business and valuation report available
A free assistance, handover and training period will be offered to the successful buyer/s. The business will suit a dynamic couple wishing to be involved fully in the business, overseas investors or business migrants, and can be either owner-operated or run under management by competent staff.
If you think you have discovered buried treasure in this opportunity, please contact Alan Maguire immediately to reserve your time for an inspection of the premises and a chance to discuss the business in detail with the owners
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Price: $195,000 (was $295,000) + SAV (approx. $10,000), including all plant, furniture and equipment, assistance and training *
*A security bond of $26,000.00 is required by the landlord when there is a transfer of lease
Contact: Alan Maguire, Maguires Real Estate
