$450,000.00
Asking Price
Status: Active
Posting ID: 284796
1/23/24
Description
This is the best Thai restaurant located in Coastal Los Angeles. Established 25 years ago, this 2,500 sq ft restaurant with an additional 1,000 outdoor patio is located just two blocks from the beach. It has a fully equipped kitchen with restaurant seating for 75 indoors and a further 40 on the patio. Annual gross revenues in excess of $1.4 million with a huge togo and delivery business. This nice cozy spot is perfect for family gatherings/date nights. If you want excellent customer service this place has it. Parking is in the back and it's a couple of blocks to the beach.
The food is authentic and receives rave reviews;
“Sunday was a great experience for me and my boyfriend and we loved our food. Speedy service, ample use of peppers and basil. Ample seating was available, and we felt comfortable eating inside also enjoying Sapporo served in cold glasses.” ABC Type 41 beer and wine license included. Monthly rent is $8400 including NNN and CAM charges and there are 3 years remaining with two 5 year lease options to extend. With a huge parking lot, this restaurant has all you could need for a great location, size of space, full kitchen and an excellent reputation.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $180,000
Monthly Cash Flow: $20,833
Annual Revenue: $1,400,000
Annual Cash Flow: $420,000
General Info:
Ownership: LLC
Established: 1998
Current Owner: 2022
Employees: 13
Reason For Sale: Other Interests
Monthly Rent: $8,400 Inc NNN & CAM
Expiration: 2027 plus two 5 year Lease Options
Facilities:
Square Feet: 2,500 + 1,000 Patio
Seating: 75 Indoors + 40 Patio
Parking: 100+
Licenses: ABC Type 41 Transfer, Business & Health
Days/Hours of Operation: 11.30am - 9.00pm Daily
RRC# 4675
Location: Coastal Southern California
To get more information about this Thai Restaurant - Established 25 Years Ago business for sale in Los Angeles County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284796 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Thai Restaurant - Established 25 Years Ago, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.
Contact
Details
Asking Price: $450,000.00
Down: Call/Email
Cash Flow: $420,000.00
Revenue: $1,400,000.00
Area: Los Angeles County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
$851,672
Revenue
$3,430,536
Down
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Posting: 284146 | Available | 4/26/24
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Asking Price
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Cash flow
$180,000
Revenue
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Reduced Price. Fast food free standing restaurant with drive thru. Located on a Major corner intersection on a main street. Excellent books and records. Monthly Rent: $4,000. Lease has 17 years left. Open 7 days. Sunday - Thursday, 6am - 9pm + Friday - Saturday, 6am - 10pm. Price reduced $450K.
Asking Price
$450,000
Cash flow
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Revenue
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Down
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Posting: 284472 | Available | 4/24/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
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Cash flow
$50,000
Revenue
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Down
$154,900
Posting: 284866 | Available | 4/25/24
This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. Baskin Robbins is the #1 ice cream franchise in the World. The store opened in July 2017. The current owner purchased the store in January 2019. It is located in a great shopping center.
Asking Price
$154,900
Cash flow
$40,450
Revenue
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Down
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Cash flow
Call/Email
Revenue
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Down
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Posting: 286054 | Available | 4/22/24
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Revenue
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Down
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Posting: 286097 | Available | 4/23/24
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Asking Price
Call/email
Cash flow
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Revenue
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Down
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Posting: 267141 | Available | 4/23/24
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Cash flow
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Revenue
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Posting: 279812 | Available | 4/28/24
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Cash flow
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Revenue
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Down
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Cash flow
$174,802
Revenue
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Down
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Asking Price
$300,000
Cash flow
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Revenue
$730,720
Down
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Cash flow
$86,284
Revenue
$116,694
Down
$750,000
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Asking Price
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Cash flow
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Revenue
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Down
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Posting: 285867 | Available | 4/26/24
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Asking Price
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Total Investment
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Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 4/28/24
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Franchise Fee
$0
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 286093 | Available | 4/22/24
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Cash flow
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Revenue
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Down
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Posting: 285418 | Available | 4/23/24
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 4/23/24
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
$139,000
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Asking Price
$139,000
Cash flow
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Revenue
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Down
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Cash flow
$200,000
Revenue
$1,046,000
Down
$181,250
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Cash flow
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Down
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Cash flow
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Revenue
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Down
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Bldg Size
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Space Being Rented
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Year Built
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Lease Amount
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Cash flow
$200,524
Revenue
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Down
$285,000
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$285,000
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$225,886
Revenue
$541,975
Down
$652,500
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$725,000
Cash flow
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$1,320,000
Down
$25
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Asking Price
$899,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 4/25/24
For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
Asking Price
$99,999
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