Thai Restaurant

Not Disclosed, UT

Northern Utah


Asking Price: Annual Revenue:
$500,000 $1,250,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Thai Restaurant Broker: Elizabeth Bellit
Owner Financing is Available!
for a well-qualified buyer, seller can finance $200,000.

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,250,000
Net Profit: $260,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 72114931
Broker Reference #: Not Disclosed

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Business Overview:

This amazing, authentic Thai restaurant was established by the owners in 2007 and has built a reputation for high quality, authentic recipes using only fresh ingredients, no MSG or preservatives, and always maintaining consistency. They offer both inside dining and take-out at very reasonable prices. They have built a very loyal customer following, evidenced by their sales dropping very little during the 2020 COVID restrictions and shutdowns.

2019 gross sales were over $1,250,000 and 2020 sales were less than $100,000 off from 2019. So far in 2021, sales are on pace to reach or exceed the 2019 level.

The asking price for the business is $500,000 and the seller is willing to consider financing a significant portion of the purchase price for a well-qualified buyer. The business has excellent and loyal employees many of whom have been with the business for a substantial amount of time. The owner of the business acts as the overall manager, handling administrative tasks including accounting, payroll, hiring employees, and oversees the quality of food and services. Financial records and other records for this business are in pristine condition and the owner is willing to give whatever training and transition is necessary for a new owner.

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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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