Take advantage of this long standing concept that opened in 1995 and is in a high traffic area on Shattuck Avenue.   This Thai concept has a ton of goodwill, and a very loyal local following.  This business has strong dine-in sales, and does strong numbers with its takeout and delivery.   The authentic dining room has a capacity of 49 seats and is very clean and welcoming.  The kitchen is large, fully equipped and very functional. A full equipment list is available upon request.  The Type 41 Beer & Wine license would transfer with the sale.   Sales ranged (+/-) between $900,000 and $1,000,000 from 2017 through 2019.  The business relied heavily on their takeout and delivery aspect in 2020.  The lease term runs through February 2025 with 1 5-year option. The current monthly lease rate is $7966, with annual CPI % adjustments annually.     Hit the ground running in Berkeley with this well known and loved concept!

General Info

  • OrganizationInc
  • Established1995
  • Current Owner2021
  • Employees6-8
  • Reason For SaleOther Interests

Facilities

  • Seating49+
  • Square Feet1960 +/-
  • ParkingEasy Street and Dedicated building parking
  • LicensesABC type 41, health, business
  • Open HoursLunch and Dinner hours, closed Wednesdays

Lease

  • Rent$7,966 +nnn
  • ExpirationFeb 28, 2025
  • Yearly IncreaseContact for Info
  • Option1 5-year
  • Deposit$2861.88

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual RevenueContact for Info
  • Annual Cash FlowContact for Info
  • Payroll$Contact 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