Thai Restaurant for Sale in Chicago Suburb

Chicago, IL
DuPage County

Chicago Suburb


Asking Price: Annual Revenue:
$97,500 $282,399

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Thai Restaurant for Sale in Chicago Suburb Broker: Steve Weinbaum
License #: 365512

Quick Facts

Asking Price: $97,500
Annual Revenue: $282,399
Net Profit: Not Disclosed
Cash Flow: $55,675
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 3
BBN Listing #: 89318096
Broker Reference #: 6795

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Business Overview:

Buy This Profitable Asian and Thai Restaurant for Sale Located DuPage County Illinois, Just Thirty Miles West of Downtown Chicago. 2018 Revenue of Just Under $300,000 Generated Owner Earnings of $55,000. Priced Under $100,000 for a Quick Sale. Turn-key for a New Owner Operator and Should Qualify for SBA Lending.

In addition to the most important item...INCOME, there are other factors that help determine the value and decision to purchase a restaurant; how long the business has been operating, favorable lease terms, reputation, location, and verifiable books and records. This Profitable Asian and Thai restaurant for Sale score high marks on all of these. And priced at under $100,000 this opportunity should go fast.

Located approximately thirty miles outside of Chicago in the Southwest Suburbs, this sweet spot offered by We Sell Restaurants is located in a small strip center with easy access and parking. The restaurant is in close proximity to households, businesses, and the train station...all great sources for customers who frequent this profitable Asian and Thai restaurant for Sale. There is also a large hospital in the area that generates consistent and strong revenue. And who wouldn't given their 4+ star rating on Yelp. The feature ?over 60 dishes, including appetizers, soups, salads, desserts, rice/fried rice entrees, noodles and curries.

The restaurant is a manageable 1200 square feet with a monthly rent of only $1808 per month or $18 per square foot including CAMS and is less than 8% of net sales. The Landlord is willing to offer a qualified buyer a 10 year extension at similar terms. In addition to the attractive lease terms, this Profitable Asian and Thai restaurant has been operating successfully in the same location and has accurate and verifiable books and records.

Due to personal reasons, the owner now needs to sell quickly and has priced their restaurant accordingly. Even though traditional restaurant valuation methodology would have valued this restaurant well over $100,000, the owner had it priced to sell at under $100,000. Additionally, this restaurant should qualify for SBA Lending. Act now.

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Property Features and Assets:

4 Tables 30 Chairs Grease Trap 10 foot hood 2 Head wok with stove 1 deep fry 1 burner with oven 1 200r pizza prep table refrigerator freezer chase freezer walk in cooler vegetable sink 3 compartment sink 2 hand sink 2 rice cooker 2 rice warmer 2 microwave 4 table mop sink register phone and credit card machine

Market Competition and Expansion:

Good location; Established customer base; Reasonable lease.

Reason for Selling:

Retirement

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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