TOM PHAT RESTAURANT & BAR

BUSINESS HIGHLIGHTS:

• Average sales of $16,000 over 5 nights
• Fantastic lifestyle business – only trades 22.5 hours a week
• Fully Licensed for 94 patrons until 1am – 7 days
• Located in a high foot traffic area on Sydney Road
• Double shopfront with two secure leases in place until 2031
• Fully equipped commercial kitchen including grease trap, walk-in cool room & large prep area
• Strong social media presence and great online reviews and industry write ups
• Well established since 2004 with an excellent reputation throughout Melbourne
• Excellent business model providing a real point of difference and competitive advantage
• Full financials available – will suit both WIWO or trial buyers

PRICE: $239,000 + Stock

Location, Location, Location – It doesn’t get better than this!

Located in the hub of bustling Sydney Road in Brunswick you will find this incredibly popular venue, well established throughout Melbourne as a foodie’s institution. Tom Phat has been serving up some of Melbourne’s best Southeast Asian cuisine since 2004 and backed by an impressive cocktail menu and an extensive easy drinking wine list, make this venue the ideal dining destination for all Melburnian’s coming into the busy warmer months ahead!

Tom Phat is spread out over two shopfronts giving it excellent street visibility and high exposure to passing foot and vehicle traffic on busy Sydney Road. The fitout has a real eclectic, modern feel with heaps of seating space and loads natural light thanks to the large floor to ceiling window which also completely opens out to give the restaurant that awesome indoor/outdoor vibe. The venue also has a versatile floorplan, which is great for large group bookings and private functions. Tom Phat is fully licensed until 1am for 94 patrons, there is also a full commercial kitchen and good-sized prep area, grill/hot plates, grease trap, walk in cool room plus plenty of storage.

The restaurant is currently open 5 nights for dinner, however, has huge growth potential with the right operator as the location and versatility of the space would also suit a number of different cuisines or increased trade hours. A purchaser has the opportunity to either continue running as a night focused Thai inspired venue, alternatively, there is huge scope and demand to convert the space to an all-day dining cafe or Wine Bar. Come and check it out for yourself. You will be impressed!

 Call Karli 0409 965 540 to arrange an inspection.