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Santa Fe Springs, Los Angeles County, California
ASK $130K:THAI RESTAURANT: MONTH GROSS $60K,NET $9K| ABSENTEE RUN
Asking Price
$130,000
Revenue
$720,000
Down
$65,000
Cash Flow
$108,000
Description
The business has a strong financial performance, with a monthly gross sale of $60,000 and a net income of $9,000. The asking price is set at $130,000 which reflects the restaurant's robust profitability.
The spacious 3,000 square foot establishment is not only licensed to serve food, but also beer and wine, adding a further dimension to the dining experience. The present lease term is for 4 years, with an additional 5-year option available.
The restaurant is fully staffed with six full-time employees who efficiently manage operations, making this a true turnkey opportunity. The seller is seeking to retire and return to Thailand, offering a new owner the chance to step into a well-established and profitable business.
For more information about this promising opportunity, please contact broker Joey Kim at 213 255 1478
Business Details
Year Established:
2019
Employees:
6
Reason for sale:
Retirement
Support & Training:
2 weeks training after closing of escrow
Property Information
Size in Square Feet:
3,000 sqft
Lease Terms:
4 + 5 years option
Lease & Tenant Information
Lease Options:
$7,500
Posting Information
Posting ID:
4889415
Business Category:
Restaurants & Food
Business Types:
Thai Restaurant
Asian Restaurant
Attributes:
Absentee Run
License (Liquor, etc.)
SBA Loan Pre-Qualified
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
ASK $130K:THAI RESTAURANT: MONTH GROSS $60K,NET $9K| ABSENTEE RUN
Posting ID
#4889415
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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