Profitable Family Run Thai Restaurant For Sale

SAN FRANCISCO, California

Asking Price $119,000 Year Established 2005
Annual Revenue $540,367 Reason for Selling  
Annual P/L $0 Attention Steve Zimmerman
Annual Cash Flow $68,961 Listing Number 980640  
# of Employees 8 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Profitable Family Run Thai Restaurant For Sale. Located in a Vibrant & Affluent SF Neighborhood

RRC#  4903

Location: San Francisco  

Description:

A cute family run Thai Restaurant is now for sale in a great area of San Francisco.  The husband and wife team are ready to retire and have priced this profitable longstanding Thai concept to sell fast. Take advantage of this long standing concept that opened in 2005 and is in a high traffic area Located in one of San Francisco's most vibrant neighborhoods. This business has strong takeout and delivery sales. The authentic dining room has a capacity of 49 with 40 seats currently.  

 The kitchen is a manageable size, fully equipped and very functional. A full equipment list is available upon request. The Type 41 Beer & Wine license would transfer with the sale. Sales were ~$540,000 in 2023 and the business is profitable on the books. The operating owners take a salary in addition to the bottom line profits. The landlord is seeking a similar style of full service restaurant to take over this space and will create a new market lease for a qualified party. 

Hit the ground running in SF with this solid and well-liked concept!

Financial Information:

Monthly Revenue: $45,030 

Monthly Cash Flow: $5,746 

Annual Revenue: $540,367 

Annual Cash Flow: $68,961 

General Info:

Ownership: Corporation  

Established: 2005 

Employees: 6-8  

Reason For Sale: Retirement

Monthly Rent: $9,500 

Expiration: 10/26 (New Lease Available)  plus 1 - 3 year Option 

Facilities:

Square Feet: 1700 +/-  

Seating: 40 

Parking: Street Parking  

Licenses: Type 41 ABC Beer & Wine, Health, Business  

Days/Hours of Operation: Noon-8:45 daily (closed Tuesdays)

Property Features and Assets:

<p>Facilities:</p><p>Square Feet: 1700 +/-  </p><p>Seating: 40 </p><p>Parking: Street Parking  </p><p>Licenses: Type 41 ABC Beer & Wine, Health, Business  </p><p>Days/Hours of Operation: Noon-8:45 daily (closed Tuesdays) </p>

Market Competition and Expansion:

<p>General Info:</p><p>Ownership: Corporation  <br></p><p>Established: 2005 </p><p>Employees: 6-8  </p><p>Reason For Sale: Retirement</p><p>Monthly Rent: $9,500 </p><p>Expiration: 10/26 (New Lease Available)  plus 1 - 3 year Option </p>

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

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