Thai and sushi restaurant for sales w/ Full bar liquor license.
Restaurant name: Jasmine Thai Margate
Address: 1785 FL-7, Margate, FL 33063
Rent: $15,000 (CAM included) negotiable
Lease: 5+ 5,+5 years optional 3%
Size: 4,203
Reason for retired
Seller financing: no
Buy50 % Shareholder: yes
E-2 Investor qualify: Yes
Beer and Wine License: yes
Full bar Liquor License: yes
Lease to own option: Yes
Seat:157
Profitable projection Annual Overview
Gross Sales $1,800,000
Rent $180,000
COGS $640,000
Payroll $460,000
Other overheads $50,000
Net Income $470,000
CAP Rate of Return on Investment: 80%
Ad#:2341908
Detailed Information
Location: Pompano Beach, FL
Real Estate: Leased
Building SF: 4,203
Lease Expiration: 12/9/2035
Employees: 5
Support & Training: 2-4 weeks
Reason for Selling: retired
