Tai Restaurant

Broward County, FL

Tai Restaurant

Asking Price:$1,310,000

Cash Flow:$90,335

Gross Revenue:$351,451

EBITDA:N/A

FF&E:$75,000

Inventory:$3,000

Real Estate:$1,200,000

Established:1986

Tai Restaurant

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Business Description

Well established and popular Tai Restaurant in attractive and progressive area of Fort Lauderdale. This restaurant has been a beacon to the community for 30 years! Known for great food and friendly service and fine ambiance. The business is operated in a impeccably kept stand alone building with over 3250 square feet that encompasses dining room for up to 70 patrons, full kitchen under air conditioning, bar area (can be converted to something else - for example a Sushi Bar) and a mezzanine - 800 sq feet - that is occasionally used as an apartment. The building has a new roof and 3 A/C units. Meticulously kept by the owners all these years. Wonderful, growing area. New owner can keep the business operating or acquire the business and building and have options as an investor. Sellers will stay on for smooth transition, however, after 30 years, motivated to begin their retirement.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
7 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
There are other restaurants in the area, including another TAI restaurant, however, none as popular and as well known as this operation - 30 years.
Growth & Expansion:
Increased advertising and awareness to bring new customers from surrounding area and other new customers that are populating this growth community.
Support & Training:
Will train for 2 weeks @ no cost. Restaurant experience, customer service, general administration to run the business. Otherwise - investment opportunity - Real Estate.
Reason for Selling:
Retirement.

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Edwin Pena

Business Listed By:
Edwin Pena

Murphy Business & Financial-Boca Raton

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Sponsoring Broker:
Murphy Business

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