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ASK $180K:THAI RESTAURANT: MONTH GROSS $80K,NET $15K| ABSENTEE RUN

Los Angeles, California

| BizBen.com

https://www.bizben.com/business-for-sale/ask175000-month-gross-60k-net-9k-absentee-thai-restaurant-in-santa-fe-springs-4889415

Santa Fe Springs, Los Angeles County, California

ASK $180K:THAI RESTAURANT: MONTH GROSS $80K,NET $15K| ABSENTEE RUN

Name: ASK $180K:THAI RESTAURANT: MONTH GROSS $80K,NET $15K| ABSENTEE RUN
Address: Santa Fe Springs, California, US

Asking Price

$180,000

Revenue

$960,000

Down

$65,000

Cash Flow

$180,000

Description

This Thai restaurant is currently on the market in Santa Fe Springs, Los Angeles County, California. The business is absentee run, with the current owner having successfully operated it for the past 7 years. The restaurant holds an esteemed reputation within the Santa Fe Springs community.

The business has a strong financial performance, with a monthly gross sale of $80,000 and a net income of $15,000. The asking price is set at $180,000 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

To get more information about this ASK $180K:THAI RESTAURANT: MONTH GROSS $80K,NET $15K| ABSENTEE RUN business for sale in Santa Fe Springs, California please contact Joey Kim (Broker - BRE License #:01436480) at bestjoeykim@gmail.com or 213 255 1478

Business Details

Year Established:

2019

Employees:

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

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Posting Title

ASK $180K:THAI RESTAURANT: MONTH GROSS $80K,NET $15K| 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

Name:

Joey Kim

Phone Number:

213 255 1478

Contact Email:

bestjoeykim@gmail.com

Contact Form

“Hi, I’m interested in this business. Is it still available?”

“Could you share more details about the business?”

“When would be a good time for a quick call?”

By submitting this form, I agree to BizBen's Terms of Use.*

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