Best Thai Restaurant Located In Coastal LA
Not Disclosed, CA Los Angeles County
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- RE: Best Thai Restaurant Located In Coastal LA
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | $1,400,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $420,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1998 | |
| Employees: | 13 | |
| BBN Listing #: | 938110 | |
| Broker Reference #: | 4675 |
Business Overview:
Best Thai Restaurant Located in Coastal Los Angeles - $1.4 Million Annual Gross – 2,500 Square Feet RRC# 4675 Location: Coastal Southern California Description: Established 25 years ago, this 2,500 square feet restaurant with an additional 1,000 outdoor patio is located just two blocks from the beach. Fully equipped kitchen with restaurant seating for 75 indoors and a further 40 on the patio. Annual gross revenues in excess of $1.4 million with a huge "To Go" and delivery business. This nice cozy spot is perfect for family gatherings/date nights. If you want excellent customer service this place has it. Parking is in the back and it's a couple of blocks to the beach. The food is authentic and receives rave reviews; “Sunday was a Great experience for me and my boyfriend and we loved our food. Speedy service, ample use of peppers and basil. Ample seating was available, and we felt comfortable eating inside also enjoying Sapporo served in cold glasses.” ABC Type 41 beer and wine license included. Monthly rent is $8400 including NNN and CAM charges and there are 3 years remaining with two 5 year lease options to extend. With a huge parking lot, this restaurant has
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Property Features and Assets:
Square Feet: 2,500 + 1,000 Patio
Seating: 75 Indoors + 40 Patio
Parking: 100+
Licenses: ABC Type 41 Transfer, Business & Health
Days/Hours of Operation: 11.30am - 9.00pm Daily
General Info:
Ownership: LLC
Established: 1998
Current Owner: 2022
Employees: 13
Reason For Sale: Other Interests
Monthly Rent: $8,400 Inc NNN & CAM
Expiration: 2027 plus two 5 year Lease Options
Reason for Selling:
Other Interests
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
Documents:
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