Thai Restaurant for Sale in Sarasota

Sarasota, FL
Sarasota County


Asking Price: Annual Revenue:
$295,000 $1,159,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Thai Restaurant for Sale in Sarasota Broker: Truforte Business Group

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,159,000
Net Profit: Not Disclosed
Cash Flow: $287,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 10
Employees: 9
BBN Listing #: 877832837
Broker Reference #: 95107597

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Business Overview:

Popular Thai restaurant located on busy main highway close to Siesta Key in a highly visible retail strip center with daily traffic of 60,000. 10th year of operation with sales of $1,000,000 approx. in 2019 and 2020. Despite closing dine-in for 6 months due to Covid sales were only minimally impacted and restaurant has seen robust growth in revenue since the dining room was reopened in September with record sales in December 2020. The 2700 SF restaurant seats 85 in custom wood booths in one of two dining rooms with imported Thai décor throughout. Kitchen was rebuilt in 2013 with all new plumbing, electrical and 16' exhaust hood. Large walk in cooler installed in 2018 and engineered $50,000 HVAC in 2020. The location benefits from favorable demographics within 3 miles of the location with above average residential income for the County. The business enjoys a regular loyal clientele and seasonal customers in winter months. An additional 1500 SF space adjacent is available if the buyer wishes to expand the business. Call the broker for a viewing.

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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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