This amazing mall and neighborhood location has great visibility and very high traffic throughout.   This restaurant is located in a cute strip mall, that is in the heart of the West Lake in Daly City.  Immediately located across the street from the South Gate Mall area, this restaurant avoids the high mall rent expense, but reaps the benefits of the high driver and foot traffic on their immediate street.       Daly City's population is over 55% Asian, so this dine-in and take out Thai concept does great and has a loyal following.  The current owners operate a full service Thai concept, which sets them apart from the other food concepts in this strip mall or in the area as a whole.   This location sold nearly $700,000 during 2020, even with Covid-19 restrictions. Their sales stayed strong due to their take-out and delivery potential.   Sales were even higher in 2018 and 2019, reaching the mid to upper $700,000s.    The cozy dining room seats 55 guests and is authentically decorated.  This space could continue on as a full service restaurant, or be easily modified to a counter service space focused on grab & go.  The kitchen is fully equipped and includes a Type 1 hood.   This business also has a Type 41 Beer & Wine license that would transfer with the sale.    This busy Daly City location, without the extreme Mall-Sized Rent is worth looking into right away!    Full Equipment List upon Request

General Info

  • OrganizationLLC
  • Established2015
  • Current Owner2015
  • Employees12+/-
  • Reason For SaleOther Interests

Facilities

  • Seating55 seats
  • Square Feet1,000
  • ParkingEasy/Large Parking Lot & Street Parking
  • LicensesType 41, health, business
  • Open HoursDaily 11-3pm 5pm-9pm

Lease

  • Rent$11,433
  • ExpirationDec 28. 2028
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • DepositSee agent

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual Revenue$700,000
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location