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Riverside County, California
Thai Restaurant
2 results for "Thai Restaurant" businesses in "Riverside County, California"
Riverside County, California
Thai Restaurant
2 results for "Thai Restaurant" businesses in "Riverside County, California"
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Norco, California
ASK $280K: THAI RESTAURANT near CORONA: Rent $3,858, MONTH $18K NET:YEAR GROSS $1.19M :SBA $100K DOWN
$ 280,000
CF : $ 216,000
ASK $280,000. MONTHLY NET INCOME:$18,000(per seller's disclosure) Available for sale is a profitable Thai restaurant in the bustling city of Norco, California. This Asian restaurant has been successfully operating since 2018 and currently employs a team of 10. The asking price is $280,000, with an SBA loan option of $100,000 down. The restaurant boasts a yearly gross of $1.19 million and an actual net income of $216,000 per year. This high profitability paired with the asking price offers a quick ROI for any potential buyer. The business operates in a 2,000 square foot space with a monthly rent of $3,858. The establishment offers a turnkey operation with an established menu, loyal customer base, and a well-trained team. Additionally, the business has several attributes including an absentee run model, SBA loan pre-qualification, training and support for new owners, and a liquor license. The reason for sale is due to the owner managing several businesses. The new owner will receive 2 weeks of training after the closing of escrow, ensuring a smooth transition. This is a fantastic opportunity to own a thriving Thai restaurant in a prime location. For more details, or to view this business, contact broker Joey Kim at 213 255 1478

Murrieta, California
Asian Restaurant - With Beer And Wine License
$ 180,000
CF : $ 90,000
This asset sale is for an Asian restaurant with a B&W license, located in a busy shopping center with lots of foot traffic. The current concept is Thai cuisine, but it can be easily converted to another concept, or you can maintain the same concept and introduce your own recipes. Please note that the business trade name and existing recipes are not included in the purchase. - Asset sale - Monthly gross: $60,000 - Monthly rent: $3,910 + $1,047 NNN - Lease terms: 2 + 5 - Store size: 1,525 sqft - Seating capacity: 45 - Owner since: 2021 - Reason for selling: Need to take a break - Financing: Cash - Currently serving Thai food, with steam table and long hood - Located in a busy business shopping center - Lots of foot traffic, surrounded by multi-units and residential areas - Recipes, business logo, and trade name are not included in the sale - Includes a walk-in cooler - Owner works 30 hours per week - Plenty of free parking - Easy to convert to another concept - Most equipment is newly updated
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