Thai Restaurant Businesses for Sale in Los angeles, California
Los Angeles, California
Thai Restaurant
1 result for "Thai Restaurant" businesses in "Los Angeles, California"
Los Angeles, California
Thai Restaurant
1 result for "Thai Restaurant" businesses in "Los Angeles, California"
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Los Angeles, California
Absentee run:Month net income $25,000 :Thai Restaurant in Los Angeles
$ 780,000
CF : $ 300,000
For sale is a highly profitable, absentee-run Thai restaurant nestled in the heart of Hollywood, California. With a strong reputation for live music and a history of 30 years, the restaurant enjoys a dedicated client base akin to the popularity of "BlackPink". This lucrative business opportunity boasts annual sales of over $1.4 million, generating a substantial cash flow of $300,000. 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.
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