After satisfying customers with great food and friendly service, the owners  of this highly successful Thai Restaurant are ready to pass on years of goodwill to a well-qualified operator. Good books & records, great location ready to go. Many repeat customers. Very stable business owner will train .The business is pre-qualified for an SBA long-term (10 years) loan with just 10 % down. The Investment would also pay the debt service on loan and still have plenty of cash left for the new owner. Established over 10 years ago, this 1,500 sq ft restaurant is located in a great area. Fully equipped kitchen with restaurant seating for approximately 50 customers indoors. Annual cash flow revenues in excess of $250,000 with a huge take out  business. This nice cozy spot is perfect for a family to take over and make an excellent living . If you want great customer service this place has it. Parking is in the front  and The food is authentic and receives rave reviews; "I had the best chicken Pad Thai and Tom Yum soup  came back in two weeks and the owner remembered my order and my name" .. Monthly rent is reasonable .This is an opportunity to own a  long established  highly successful Thai restaurant with a huge following. The owners have done an amazing job serving up tasty meals and making customers happy. Now, they're looking for someone special to take over and keep the good times rolling.Access to financial records, including tax returns, balance sheets, P&L statements, bank statements, POS reports, and merchant statements, is exclusively granted to serious buyers who have formally signed a Non-Disclosure Agreement (NDA), demonstrated verifiable purchase funds, and maintain a strong credit standing. To gain insight into these comprehensive financial details, kindly complete the Non-Disclosure Agreement on our website. Upon receipt, we will provide you with the complete financial information, an inclusive equipment list, and the Broker's contact details. This will enable you to engage in discussions about the opportunity and explore the Broker's network for potential long-term SBA loan options. Furthermore, you'll also be offered an exclusive behind-the-scenes tour. Please note that we do not engage in co-broker arrangements. No Co-broker #jimsellsrestaurants

General Info

  • OrganizationCorporation
  • Established2010
  • Current Owner2010
  • EmployeesContact For Info
  • Reason For SaleRetirement

Facilities

  • Seating50 plus
  • Square Feet1,500
  • ParkingAmple
  • LicensesHealth business
  • Open Hours7 days

Lease

  • RentContact For Info
  • Expiration2025
  • Yearly Increase2.5
  • OptionNegotiable
  • Deposit$4,500

Financials

  • Monthly Revenue $66,000
  • Monthly Cash Flow$20,833
  • Annual Revenue$800,000
  • Annual Cash Flow$250,000
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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.

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