Popular Patong Beach Thai Cuisine, located in a high-density premium corner location in a busy shopping center anchored by Raley's. High visibility and direct access from the busy Folsom boulevard.   The restaurant has a type 41 beer and wine license, could continue as a Thai cuisine, or would work for somebody who would like to bring their own concept   The present owner operates the restaurant 6 days a week for lunch and dinner with strong sales for 2021 and notable to- go business doing the pandemic. The place has 2015sf inside space with a large 923sf lovely, shaded covered patio that is usable all year long.    Seats 62 inside and 31 outside. Newly built, all equipment only 3 years old.  Kitchen has a 12 feet Type 1 hood, 3 wok gas stove, 6 burner stove, deep fryer, the prep kitchen contains a 6-foot deli fridge, a deluxe freezer and several stainless-steel prep tables. There is a full dishwasher station with a machine and a 3-compartment sink   Please complete the Non - Disclosure Agreement on the web site and we will send you location and other information along with the name of the listing broker.

General Info

  • OrganizationLLC
  • Established2019
  • Current Owner2018
  • Employees1 full time and 2 part time
  • Reason For SaleRetirement

Facilities

  • Seating52 inside 31 outside
  • Square Feet2,015 inside and 923 patio
  • ParkingShopping center parking
  • LicensesABC Type 41 Beer and Wine
  • Open HoursTuesday - Sunday Lunch 11-4 Dinner 5-8

Lease

  • RentBase rent $3,917 + $895.61NNN
  • Expiration2023
  • Yearly IncreaseContact for Info
  • OptionContact for Info
  • Deposit$9,148

Financials

  • Monthly Revenue$38,000
  • Monthly Cash Flow$8,000
  • Annual Revenue$456,000
  • Annual Cash FlowContact for Info
  • Payroll$8,730

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