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Money Maker - Popular Thai Restaurant
Location California,United States
Asking Price Range < $250K
Gross Revenues $420000
Net Profit / Cash Flow $134400
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 1 - 3
Inventory 75000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Retirement & Ill partner
Description Instantly make money with this popular Thai restaurant in Eastern Los Angeles (not in ''East LA''). Fantastic location with loads of traffic in a busheling downtown shopping area. You don't need to be Thai to run this successful 3,000 sq ft restaurant!
The restaurants has customers all day long. City Hall is around the corner. There is a large business lunch crowd and after 3 pm and on weekends it is full of locals and shoppers.
Incredible opportunities:
*Rent is only $2,175 and includes gas & water!
*A 41 ABC license is already packaged and ready to submit for a new owner.
*Free parking in the back
*Extend the hours - the business is there! (currently closes at 7:30 pm)
*Open on Mondays for extra business (currently closed on Mondays)
*Market & Advertise! - The sellers don't do any marketing or advertising
*Increase delivery and catering services
*88 seats indoors and opportunity to get a permit for additional outdoor dining.
*Kitchen is full of all permitted equipment and refrigeration needed to continue running a successful Thai restaurant
The sellers are extremely eager to retire, but will be happy train and mentor the right buyer.
PROOF OF FUNDS REQUIRED WITH ALL OFFERS!
Interested parties please contact Shelli Margolin-Mayer at 310 882-2200 ext 128. bizex.net/business-broker/shelli-margolin
Click Here To Contact Seller
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