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Los Angeles, Los Angeles County, California
Absentee run:Month net income $25,000 :Thai Restaurant in Los Angeles
Asking Price
$780,000
Revenue
$1,400,000
Down
$250,000
Cash Flow
$300,000
Description
The restaurant operates in the evening only, maximizing profit while minimizing operating hours. Along with the business, a Beer and Wine license is included, enhancing the dining experience and increasing revenue. The restaurant's financial performance is further bolstered by a low food cost, which remains under 25% of gross sales.
The establishment occupies a 1,700 sq. ft. space in a prime location near Hollywood, Los Feliz, attracting a steady stream of foot traffic. The lease terms offer potential for longevity with a 3+5 year arrangement in place.
This business is pre-qualified for SBA loans, making it an ideal purchase for a qualified buyer. To ensure a smooth transition, the seller offers two weeks of training following the close of escrow. This is an excellent opportunity for anyone looking to acquire a well-established, high income-generating business, with a solid reputation in a thriving location.
Don't miss this rare opportunity to own a profitable Thai restaurant with significant growth potential. Contact the broker Joey Kim 213 255 1478, bestjoeykim@gmail.com today for more details. The future of this business holds immense promise, and it awaits its new owner.
Business Details
Year Established:
2019
Reason for sale:
Partnership issues
Support & Training:
2 weeks training after closing of escrow.
Property Information
Size in Square Feet:
1,700 sqft
Lease Terms:
3+5 years
Lease & Tenant Information
Posting Information
Posting ID:
285996
Business Category:
Restaurants & Food
Business Types:
Full Service, Dine In Restaurant
Asian Restaurant
Thai Restaurant
Keywords:
thai, asian, full service, absentee, los angeles county, hollywood, california
Attributes:
Absentee Run
SBA Loan Pre-Qualified
Training And Support
Send NDA Request
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Posting Title
Absentee run:Month net income $25,000 :Thai Restaurant in Los Angeles
Posting ID
#285996
Full Name (Required)
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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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