Under Contract- Thai Restaurant
Under Contract- Thai Restaurant
Price: $182,000
Listing ID: 1614526
Another client from listing to SOLD!
VERIFIABLE TAX RETURN MATCHES ACCOUNTANT PREPARED P&L! Fantastic opportunity to capture $112,435 in net profit from this small town favorite Thai restaurant. Located just outside of Marietta in a small but growing town, this Thai restaurant is the only Thai Restaurant in town. 2018 total sales were $633,529 yielding $112,435 in profit while paying management (2) $62,000.Operating six days a week and closed on Mondays, this quality offering from the Restaurant Farm is priced to sell. Clean books and a great lease rate provide the buyer with the confidence in this 100% turn key opportunity.
ATTENTION INVESTORS: This restaurant checks all the boxes to add to your holdings as a cash flow positive asset acquisition. Happy to discuss further anytime.
Gross Revenue: $713,208
Cash flow: $112,435
EBIT: NA
EBITDA: NA
FFE: NA
Reason For Sale:
Personal
Training & Support:
Management will train new owner on systems, management and recipes.
Year Established: 2013
Employees: 6
Facilities Information:
Lease terms: Average Lease Payment $2,997.68 includes water, trash, grounds upkeep, property taxes, liability insurance and property management fees. 1400 Square feet: 52 inside seats. Fully equipped kitchen. Grease trap 1500 underground. Ample in front parking. Beer and Wine license.
Competition:
This is the only Thai offering in town drawing a great and steady customer base for this popular food