Restaurant
- Status: Available
- Price: $180,000
Kyan Soleimani
- License No:
- DRE #01927280
- Email:
- kyan@lbaweb.com
- Office:
- 616-816-1141
- Mobile:
- 424-542-1402
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
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: