Seller's Contact Information
- RE: Very Profitable Thai Restaurant For Sale Availabl
- Contact: Dave Duce
Quick Facts
Asking Price: | $450,000 | |
Annual Revenue: | $717,704 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $114,177 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 4 | |
BBN Listing #: | 3358096 | |
Broker Reference #: | 9388 |
Business Overview:
This long-time, high cash-flow Thai Restaurant for Sale had a 2022 profit of over $185,000! The Austin Chronicle called this North Austin Thai Restaurant for Sale “one of the best kept secrets in Austin.” Open and profitable since 2009!, this restaurant consistently delivers delicious and authentic Thai dishes to the Austin public. This restaurant is SBA-loan eligible to a well-qualified buyer, meaning you can purchase this restaurant for 10% - 20% down! The employees have been with the restaurant for many years, some over a decade, and would continue under new ownership. One of the employees could be elevated to manager; he knows the business well and could take over the duties of the current owner if desired. This Thai Restaurant for Sale is situated in a well-known shopping center, at the crossroads of two major highways. The general area is growing and affluent, and the center itself has a good mix, including other restaurants, and is anchored by a massive national brand. There is a constant stream of people in the area, and easy parking out front. Let The Restaurant Brokers at We Sell Restaurants answer all your questions on this great opportunity! Revenue is excellent... and rising! All the dishes at this authentic Thai Restaurant for Sale are made from scratch, from “real ingredients.” The menu is amazing and extensive! It starts with appetizers, soups, and salads. Next are rice and noodle dishes, curries, vegetable dishes, standard entrees, and even specials. There are literally hundreds of great reviews going back many years, and in them customers mention their favorite dishes, from the green curry with tofu and shrimp, to the “outstanding” Pad Thai, to the extraordinary seafood special. One reviewer: “I grew up in Thailand, and always look for Thai food wherever I go! This is the best and most authentic Thai food I have ever had.' It is hard to receive higher praise. This restaurant is 3,865 sq ft and seats a significant 116 customers. Even though the space is large, the earning power is larger, as this restaurant also does a significant take-out business. Rents are rising all over the Austin area, but you don't have to worry about that, as the current lease goes for another 7 years.The kitchen at this Thai Restaurant for Sale features an impressive 21'5” hood. It has a walk-in cooler, a walk-in freezer, and everything else you need to keep the restaurant going, from the grease trap to small wares. Everything in the kitchen is incredibly clean and well-maintained. It literally looks like a kitchen-equipment show-room. This shows how well-run this restaurant truly is. The owner has owned and operated this restaurant since it opened, and has been in the business for well over two decades. He spent time perfecting his menu, learning what his customers liked, and now he is ready to pass on this knowledge. This location has been a Thai Restaurant for so long that many area residents already automatically know where to go for amazing Thai food. You are buying not just the cash flow, but well over a decade of goodwill and a presence in the community. This Thai Restaurant for Sale is perfectly placed for new ownership! Next year, the owner earning $185,000 could be you!
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Property Features and Assets:
walk in cooler walk in freezer grill sandwich cooler woks prep table sink
Reason for Selling:
Personal
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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