Award-Winning Authentic Thai Restaurant Based in Glasgow
£319,000
£520,000
£88,565
Overview
Leasehold
2020
- Excellent Reputation
- Friendly & Professional Team
- Very Loyal Customer Base
- Huge Growth Potential
- Well Equipped Business
This award-winning and authentic Thai restaurant, located in the prestigious Shawlands area of Glasgow, offers a memorable dining experience in a stylish setting.
With a 50-cover capacity, a modern open-plan kitchen, and a mezzanine bar area, the restaurant is designed for both comfort and efficiency. The business also benefits from a full alcohol licence, enhancing the overall dining experience.
The restaurant is celebrated for its genuine Thai cuisine, with a menu that showcases expertly crafted dishes, all prepared by chefs with over 30 years of experience. Halal options are available, adding to the inclusivity of the offering.
Awarded the TripAdvisor Travellers' Choice 2024 and winner at the Scottish Restaurant Awards 2024, this establishment has garnered a reputation for excellence. Learn more about this exceptional restaurant by watching the video here: https://www.youtube.com/watch?v=shJBqOJ23-4
Since receiving these prestigious accolades, it has attracted customers from across the globe, as well as a strong local following. Its loyal client base and positive reviews contribute to its strong online reputation, with patrons travelling from up to 150 miles to dine here.
The restaurant enjoys a diverse clientele, drawn in by the authentic flavours, friendly service, and unique atmosphere. The current owner is committed to ensuring a smooth transition, offering support over several months to help a new proprietor seamlessly take over and continue the restaurant's success.
This is a fantastic opportunity for a new owner to expand on an already thriving business.
With a spacious open-plan kitchen, mezzanine seating, and a bar, it accommodates up to 50 guests, including 10 high chairs. The interior features contemporary décor and high-quality finishes, with ample storage in both the kitchen and at the rear of the premises. All equipment is included in the sale, with fixed assets at cost amounting to £107,580.
The menu showcases authentic Thai dishes, crafted by a skilled team of chefs and supported by attentive waitstaff. There are two restrooms for guests (one accessible on the ground floor), as well as a separate staff toilet. The centrally located open-plan kitchen is fully equipped with a ventilation system, CCTV, and a Verisure alarm system for added security.
The restaurant is managed by a Head Chef and a Front of House Manager, with the owner operating remotely. The team consists of six full-time and two part-time staff members.
Already achieving a gross profit of £330,000 and an adjusted net profit of £88,565, this business presents strong growth opportunities. Enhanced digital marketing, via social media, targeted online campaigns, and influencer partnerships, could further increase its visibility and attract new clientele.
There is potential to expand take-away and delivery services using an optimised online ordering system, thereby boosting revenue during off-peak hours.
Exploring corporate catering or private event packages could tap into new customer segments. Additionally, leveraging its award-winning reputation and the unique appeal of authentic Thai cuisine (with Halal options) can help secure further long-term contracts.
Features
Key Information
- Number of Covers: 50
- Delivery Services: Deliveroo, Just Eat, Uber Eats
Reputation
- Google: 4.8
- TripAdvisor: Excellent
Online Presence
- Facebook: Yes
- Instagram: Yes
- Youtube: Yes
Location
- High Street Location
- High Footfall
- Nearby Car Parking
- Limited Competition