Best Thai Restaurant Located in Coastal Los Angeles - $1.4 Million Annual Gross – 2500 Sq Ft
Location: Coastal Southern California
Description:
Established 25 years ago, this 2500 sq ft restaurant with an additional 1000 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 all you could need for a great location, size of space, full kitchen and an excellent reputation.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $180,000
Monthly Cash Flow: $20,833
Annual Revenue: $1,400,000
Annual Cash Flow: $420,000
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
Facilities:
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
