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Restaurant

  • Status: Available
  • Price: $180,000

Kyan Soleimani

License No:
DRE #01927280
Email:
kyan@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6325
  • Status: Available
  • Area: 1800
  • Price: $180,000

Description

This is an amazing opportunity to buy and run this high performing restaurant. It is beautifully decorated and seats close to 80 people. The Restaurant is located in a newly built Mall on a major street with high traffic, near residential in an affluent part of town with an exclusive agreement to be the only Thai Restaurant in that Mall. Owner has established this Restaurant as a popular Asian Cuisine throughout  L.A. county with several locations.

Kitchen is fully equipped, and all equipment in good working order per the owner;  Owner has installed 20 ft. Hood recently; there are three big Refrigerators and 4 x Wok heads. Business comes with a Beer and Wine License, owner claims Beer & Wine made up about 15-20% of total sales pre-Pandemic. Take-out has been doing excellent per seller, during Covid. Net has averaged near $10,000/m; while before seller claims it was close to $15,000/m. The Restaurant is 1,800 sq.ft. with great visibility from major street with easy access and plenty of parking for customers. The location allows for even more growth in sales.

This business has been Great for the seller and there is potential upside for new owner. # 6325

 

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Business, Heath, ABC
License(s) Required:
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6325
Date Available: 02/15/2021
Reason For Sale:

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
$10,000
Lease Expires:
2026
Lease Option:
NNN:
Included

Financing Information

Down Payment:
$180,000
Owner Will Carry:
Other Finance:
Terms:

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