Review

Restaurant ( Thai Food)
Restaurant, Food Related
In or near Sonoma

Status: Available
Price: $150000
Sq Ft: 2400 Sq Ft.

LBA Listing # 3943
Restaurant ( Thai Food)
Restaurant, Food Related


Sonoma LBA Listing # 3943
This restaurant is located in beautiful wine country in Sonoma county. This Thai food location is one of three in this town so not a lot of competition. The restaurant has gone over a renovation three years ago and in very good condition The seller claims her gross income is around $37,500 per month. There is opportunity for the new owner to grow that amount in the first year by advertising, adding a happy hour, and open 7 days a week. The restaurant also sells beer and wine. The business is in a very clean location of a busy strip mall, the seller has long standing repeat business, provides catering, and deliver services. The seller claims her net income is $10,000 monthly gross income and the only reason why the seller is listing the business is because the seller wants to retire. **
Status: Available
Price: $150000
Sq Ft: 2400 Sq Ft.  


Business Information Financial Information
Ownership Type:  Sole Proprietorship
Year Established:
Year Purchased: 2017
Business Type: Thai Restaurant
License(s) Required: Business, Heath, ABC
Hours of Operation: 11 am-9 pm / 6 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3943
Date Available: 3/3/2020
Reason For Sale: Retiring
Annual Total Revenue: 450,000
Annual Net Income: 120,000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 3,000/m
Lease Expires: 2020
Lease Option: 1 x 5 years option will be given to buyer
NNN: 700/m
 
Financing Information
Down Payment: 150,000
Owner Will Carry:
Other Finance Terms: 20% Down
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors of San Francisco, Inc.