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Profitable Thai Restaurant, Centrally Located, $837,000 Sales/$124k Profit - Marin County

California : Restaurants
Listing #2882

Profitable Thai Restaurant, Centrally Located, $837,000 Sales/$124k Profit - Marin County RRC#: 2882 Asking Price: $325,000 Location: Marin County, Marin County, California Yearly Revenue: $837,720 Yearly Cash Flow: $124,860 Monthly Rent: $9802.50 + NNN LISTING DESCRIPTION: This elegantly designed, well-established Thai restaurant is located in a busy shopping center. The warm inviting interior has a large glass storefront, high ceilings and tile flooring. The dining area consists of a combination of tables and chairs, banquette seating and a Bar with bar stools. Type 41, Beer and Wine License. Some of the equipment includes as follows: 14' type 1 hood with fire suppression system, 3' char broiler over 2 refrigerator drawers, double fryer, 3' x 3' flat grill, wok cooker, 6 burners over oven, 3 rice cookers, 5 food warmers, 2 microwaves, walk-in cooler, 1 full door refrigerator, 2 full door freezer, (2) 3 compartment sinks, 4 compartment steam tables, 2 rice warmers plus more. Bar Area: (3) 2 door undercounter refrigerators (1 with 2 taps), 1 door undercounter freezer, ice machine, ice bin, coffee maker, 5' unit for refrigerated display items, and flat screen TV. There is also a 15' food service warmer, 2 ADA restrooms and a large storage area. This is a Turn Key Operation opportunity. The owner will train you on her mouthwatering recipes for 1 month! GENERAL INFORMATION: Organization: Partnership | Year Established: 1989 | Current Owner: 2009 | Seating: 68 | Square Footage: Approx. 2614 | Parking: Ample | Licenses Required: Business, ABC Type 41 (beer & wine), Health | Days Open/Hours: Mon-Sat 11am-3pm - 4:30pm-10pm Closed Sundays | FINANCIAL INFORMATION: Yearly Revenues: $837,720 | Yearly Cash Flow: $124,860 | LEASE INFORMATION: Monthly Rent: $9802.50 + NNN | Lease Expiration: 8/31/2019 | Yearly Adjustment: $.25 per sq ft | Lease Option: (2) 5 yr | Security Deposit: 10,000 |

Asking Price:

$325,000

Gross Income:

$837,720

(last 12 months)
Cash Flow:

$124,860

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Profitable Thai Restaurant, Centrally Located, $837,000 Sales/$124k Profit - Marin County

RRC#: 2882
Asking Price: $325,000
Location: Marin County, Marin County, California
Yearly Revenue: $837,720
Yearly Cash Flow: $124,860
Monthly Rent: $9802.50 + NNN

LISTING DESCRIPTION:
This elegantly designed, well-established Thai restaurant is located in a busy shopping center. The warm inviting interior has a large glass storefront, high ceilings and tile flooring. The dining area consists of a combination of tables and chairs, banquette seating and a Bar with bar stools. Type 41, Beer and Wine License. Some of the equipment includes as follows: 14' type 1 hood with fire suppression system, 3' char broiler over 2 refrigerator drawers, double fryer, 3' x 3' flat grill, wok cooker, 6 burners over oven, 3 rice cookers, 5 food warmers, 2 microwaves, walk-in cooler, 1 full door refrigerator, 2 full door freezer, (2) 3 compartment sinks, 4 compartment steam tables, 2 rice warmers plus more. Bar Area: (3) 2 door undercounter refrigerators (1 with 2 taps), 1 door undercounter freezer, ice machine, ice bin, coffee maker, 5' unit for refrigerated display items, and flat screen TV. There is also a 15' food service warmer, 2 ADA restrooms and a large storage area. This is a Turn Key Operation opportunity. The owner will train you on her mouthwatering recipes for 1 month!

GENERAL INFORMATION:
Organization: Partnership | Year Established: 1989 | Current Owner: 2009 | Seating: 68 | Square Footage: Approx. 2614 | Parking: Ample | Licenses Required: Business, ABC Type 41 (beer & wine), Health | Days Open/Hours: Mon-Sat 11am-3pm - 4:30pm-10pm Closed Sundays |

FINANCIAL INFORMATION:
Yearly Revenues: $837,720 | Yearly Cash Flow: $124,860 |

LEASE INFORMATION:
Monthly Rent: $9802.50 + NNN | Lease Expiration: 8/31/2019 | Yearly Adjustment: $.25 per sq ft | Lease Option: (2) 5 yr | Security Deposit: 10,000 |


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