Business Overview
This business is a highly regarded and well-established Thai restaurant located in the heart of Southport CBD in Chinatown. Since opening in 2021, the business has built a strong reputation for authentic Thai street-style cuisine, consistent food quality and a welcoming dining experience. Supported by excellent online reviews and a loyal base of repeat customers, the restaurant enjoys steady trade across dine-in, takeaway, catering and delivery channels. Positioned in a high-traffic area near retail hubs and public transport, the business benefits from strong visibility and ongoing customer flow. Maximise sales by introducing liquor sales with an active Full Liquor Licence in place not being fully utilised.
The business has recently achieved approval as a standard business sponsor effective to 2030. This means the business is eligible to sponsor a worker under either Skills in Demand visa (subclass 482) or Skilled Employer Sponsored Regional (Provisional) visa (subclass 494).
With a secure long-term lease, established systems and clear opportunities to expand trading hours, this business presents a solid, turnkey opportunity with immediate income and future growth potential. Priced at $150,000 ONO, the owner is ready to move on and spend quality time with family.
Key Strengths
Strong reputation for authentic Thai cuisine and traditional cooking methods
Established in 2021 with consistent trading performance
Prime Southport CBD location with high foot traffic
Loyal customer base with repeat clientele
Approved Standard Business Sponsorship for Subclass 482 and 494 Visas
Multiple income streams (dine-in, takeaway & delivery)
Popular signature dishes including Pad Thai & Tom Yum Noodle Soup
Affordable pricing with generous portions driving customer loyalty
Secure lease in place to January 2029 + 5-year option
Fully Licensed premises with opportunity to offer alcohol sales
Simple, proven menu with vegan and gluten-free options
An established and trained team including chef in place
Strong supplier relationships with reliable local providers
Opportunity to extend trading hours including Sunday evenings
Growth potential through marketing and delivery platform expansion
This is a rare chance to acquire a much loved, well established licensed restaurant in a prime location offering strong foundations and significant growth potential.
Enquire Today
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Stockbridge Business Brokers
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