Thai Restaurant with Type 41 License

San Jose, CA (Santa Clara County)

Kitchen
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Asking Price: $120,000

Cash Flow: N/A

Gross Revenue: $420,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $2,400 per Month

Established: 2016

Thai Restaurant with Type 41 License

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Business Description

Strong To-Go business with healthy customer base.

Clean turn-key 720 sq.ft Thai restaurant in a busy shopping center is ready for a bright and inventive new owner. 3.5 years on lease. Rent and NNN is appx. 2200/mo. Garbage and water is included.
All equipment is in working order and has been maintained on a regular basis. Equipment includes 2 refrigerators, freezer, 6 burner stove with wok grates, char-grill, fryer, 7 ft.Hood with updated fire suppression system, and 3 pan warmer. 3 compartment, hand wash, and prep sinks are included, as well as tables, chairs, storage racks, and prep tables. 100lb in-ground grease trap is under 3 years old as is the air compensation unit. All cookware, storage containers, and storage racks are all fairly new. Great location for lunch, dinner, and to-go orders.
Catering could be implemented for the right owner. Inside seating for 16 with outside seating for 6.
Plenty of parking.
Lease is appx. $2350/ mo with NNN and can be extended.

Phone number is included in the purchase.
Name of Business and website is NOT included.

Detailed Information

Location:
San Jose, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
720
Lease Expiration:
8/31/2022
Employees:
4
Facilities:
The restaurant sits in a busy shopping center with a grocery anchor. Grease or oil containment dumpster, recycling, garbage, and water are part of the rent. Tables, chairs, cooking equipment, refrigeration, and storage are included. Plenty of parking.
Competition:
There is only one other Thai restaurant in the immediate area. All other Thai restaurants are miles away.
Growth & Expansion:
Catering and delivery is an option, and could be open 7 days a week.
Reason for Selling:
Moving out of the area.
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Business Listed By:
Brendan McCarthy

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