Highly Profitable Thai Restaurant for Sale

Miramar, FL
Broward County


Asking Price: Annual Revenue:
$349,000 $1,311,763

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Highly Profitable Thai Restaurant for Sale Broker: Robert Morrison
License #: SL332365

Quick Facts

Asking Price: $349,000
Annual Revenue: $1,311,763
Net Profit: Not Disclosed
Cash Flow: $255,503
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 12
BBN Listing #: 26148096
Broker Reference #: 7297

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Business Overview:

This Popular Thai Restaurant for sale in Miramar, Florida will return Six Figure Earnings to a new Owner. This Turnkey Operation will have you making profit the first day you take over with the current owner making over $250,000.

This Thai restaurant for sale has been in business for 11 years under the same ownership. The owner has two very successful locations. This location had 2018 gross sales of $1.3 Million with a healthy owner benefit of $255,000. Financial information is verifiable and this business should easily quality for SBA lending.

Offered exclusively by We Sell Restaurants, this Thai restaurant for sale occupies 1,500 square feet in a "Best-In-Class" community shopping center in a prime West Broward location at the I-75 interchange with traffic of more than 91,000 vehicles per day. The shopping center is anchored by several big box retailers, national and regional restaurants and well-known retail stores. This highly desirable trade area has more than 121,000 residents within a three-mile radius. Projected population growth is 13.2% over the next five years. Average household income is $96,500 within a three-mile radius.

This Thai restaurant for sale seats 48 guests inside and another 20 guests can sit on the patio outside. The reasonable rent of $8,500 per month includes CAM and tax. The lease expires in July 2022.

The Thai Restaurant for sale has a fully equipped commercial kitchen that is built for and handles high volume with no problems at all. There's a large walk in cooler and all other refrigeration is commercial grade. The equipment includes an 8-burner range, a 2-chamber wok range, rice cookers, sushi display cases, an ice machine, dishwasher, POS system and much more. There's even a washer and dryer for the linens.

The Thai restaurant for sale has a menu that offers a full range of authentic Thai cuisine, from curry to stir fry to fried rice dishes. The menu also offers a wide range of Japanese cuisine such as teriyaki, katsu and sushi options. The lunch business is brisk, and several specials are offered each day with an assortment of Thai and Japanese appetizers, soups and salads. The online reviews are nearly perfect.

All recipes will transfer with the sale of the business and the owner offers a familiarization period in order to ensure a smooth transition.

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Property Features and Assets:

washer dryer True two door freezer True one door freezer walk in cooler three compartment sink sushi rice container dish washer Turbo Air three door cooler ice machine gas rice cooker 2 electric rice warmers microwave two chamber wok burner eight burner stove Imperial fryer stock pot 2 sandwich prep tables two door under counter freezer 2 sushi display cases POS 3 TVs audio system security system with cameras tables chairs stools

Market Competition and Expansion:

Miramar is the geographical center of corporate and business development in South Florida and has become a preferred locale for major corporations and Fortune 500 companies as well as hundreds of thriving small and mid-sized companies

Reason for Selling:

Retiring

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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