Asset Rich Authentic Thai Restaurant

Not Disclosed, NJ
Union County

Asking Price: Annual Revenue:
$99,000 $295,858

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Asset Rich Authentic Thai Restaurant Broker: Russell Miller

Quick Facts

Asking Price: $99,000
Annual Revenue: $295,858
Net Profit: Not Disclosed
Cash Flow: $82,762
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 4
BBN Listing #: 89674955
Broker Reference #: 3401-15531

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Business Overview:

Asset Rich Thai Restaurant for Sale!

Seating is available for 80 total (60 in dining room and 20 in private party room). There are two full kitchens that opens up endless opportunities for growth. Must see to appreciate.

This restaurant is a great opportunity for a buyer that wishes to continue with the current concept or put in their own concept, especially but not limited to Vietnamese Pho and Authentic Chinese Food (there aren't any Vietnamese Pho restaurants in the area).

Everything in this restaurant is perfect and it doesn't need anything more.

The Sellers currently work full-time in the business and are looking to retire.

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Property Features and Assets:

10 years available on the lease. 1,500 square feet plus basement for storage. There is also a liquor store and a large fitness center in the same center. Assets=$111,000

Market Competition and Expansion:

There are several restaurants in the area. START MARKETING! Drive up sales with online ordering, UberEats & DoorDash deliveries, to-go & catering orders. Adding Vietnamese Pho, sushi, or other types of cuisine may have a broader appeal for additional patrons. Marketing efforts should focus on expanding catering & take out sales.

Reason for Selling:

Owner is retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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