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Restaurant (Thai)

  • Status: Available
  • Price: $295,000

Lee Faed

License No:
DRE #01909309
Email:
LeeF@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4062
  • Status: Available
  • Area: San Francisco
  • Price: $295,000

Description

This is a chain Restaurant located inside a Shopping Mall with lots of foot traffic and other Anchor Stores and Restaurants around it. Menu item is made fresh with high-quality ingredients. They serves dishes made from traditional Thai recipes with a twice of Asian Fusion. Hours of operation; 10.00am- 9.00pm, 7xdays a week. There are 6 x employees. Rent is $9,000 per month. Lease expires 2025 with 1 x 4 years option. Royalty is 5% and they spend 3% for Advertising. Seller claims his Gross Sale for 2019 was $800,000 and Now because of Covid it is about $400,000. Food cost 27%.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Thai Restaurant
License(s) Required: Business, Health
Hours of Operation: 10.00am-9.00pm / 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4062
Date Available: 12/01/2021
Reason For Sale:

Financial Information

Annual Total:
400,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
9,000/m
Lease Expires:
2025
Lease Option:
1x 4 years option
NNN:
Included

Financing Information

Down Payment:
145,000
Owner Will Carry:
150,000
Other Finance:
Terms:

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