Thai Restaurant for Sale in Fort Lauderdale

Fort Lauderdale, FL
Broward County


Asking Price: Annual Revenue:
$150,000 $462,332

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Thai Restaurant for Sale in Fort Lauderdale Broker: Ken Eisenband

Quick Facts

Asking Price: $150,000
Annual Revenue: $462,332
Net Profit: Not Disclosed
Cash Flow: $76,589
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 5
BBN Listing #: 90198096
Broker Reference #: 8285

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Business Overview:

The Thai Restaurant for Sale in Broward County, Florida has been operated for 16 years under continuous ownership of its founder. Owner is ready to retire, and restaurant is turnkey for new operator.

The 16-year-old Thai Restaurant for Sale has been consistent throughout the years. Annual gross sales of $450,000 or more with a net to the owner of approximately $70,000 has been the norm. Thinking about the growth potential of this restaurant? The restaurant has no website, offers no delivery options, and is closed on Sundays. Build a website, introduce yourself to a new customer base with third party delivery services or deliver yourself, and open for additional hours of operation and watch the sales and profits grow. The potential for this restaurant is unlimited.

The Restaurant for Sale offered by We Sell Restaurants, which seats 40 guests in a mix of tables and booths, occupies 1,250 square feet of space in an established, dominant, and highly visible grocery store anchored shopping center. The center also features BIG BOX retailers, banks, restaurants, retail, and service providers. More than 60,000 vehicles pass by this center on the highly trafficked road that is located between I-95 and Federal Highway. The three-mile radius population is 105,665 and the average household income is $84,923. The very reasonable monthly rent is only $3,331 including all CAMS and taxes. The lease expires in November of 2024 and has one five-year option attached.

The Thai Restaurant for Sale is open six days per week. The operating hours are from 11:30 am – 2:30 pm and 5 pm – 9:30 pm. A separate menu is used for lunch and another for dinner. The menu features popular Thai dishes. A variety of Curries are offered along with stir-fry and sauteed entrees and noodle dishes such as Pad Thai. The restaurant has a 2COP license that transfers so beer and wine can be offered to your guests. All recipes will transfer, and the owner will remain for two weeks of training at the time of sale.

The Restaurant for Sale features a 12-foot exhaust hood, inground grease trap, and walk-in cooler. The kitchen equipment includes a three-wok cooker, six eye burner, char-broiler, and a fryer. The refrigeration is all commercial grade and in good condition. The front of house is a mix of booths and tables. 40 guests can be sat in the nicely decorated dining room. The restaurant has four employees plus the owner operator. The owner is a chef and works the kitchen and oversees the entire operation.

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Property Features and Assets:

12 tables 12 chairs 7 booths 2 televisions 2 tiffany lamps cash register ice machine beverage cooler printer shelving units 2 utility carts fryer char broiler six eye burner with stove three wok cooker two door low boy freezer two door sandwich cooler prep table stand up cooler walk in cooler 2 prep tables 2 rice cookers stand up freezer electric food grinder food processor blender assorted pots, pans, utensils, plates, flatware, glassware

Market Competition and Expansion:

Located in busy shopping center very close to I-95. Only Asian Restaurant in Shopping Center. 16 years of Goodwill.

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.

Relevant Links:

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