3,500 Sq Ft - Thai Restaurant In Upscale Area - With Sizable Patio

Sacramento, CA (Sacramento County)

3,500 Sq Ft - Thai Restaurant In Upscale Area - With Sizable Patio

Asking Price:$165,000

Cash Flow:$0

Gross Revenue:$612,000

EBITDA:$0

FF&E:$0

Inventory:$0

Established:N/A

3,500 Sq Ft - Thai Restaurant In Upscale Area - With Sizable Patio

Get Financing Save Print Share Valuation Report

Business Description

3,500 Sq Ft - Thai Restaurant In Upscale Area - With Sizable Patio - Near Sacramento.

RRC#: 2039
Asking Price: $165,000
Location: Sacramento Metro Area, Sacramento Metro Area, California
Yearly Revenue: $612,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $9,900

LISTING DESCRIPTION:
This good size Thai Restaurant is located in an upscale area East of Sacramento on Hwy 50. The location is full of privately owned restaurants, surrounded by a beautiful water feature. This whole outdoor area of restaurants and stores is fully leased and only 10 years old. This Thai restaurant was one of the first tenants and therefore has a prime location on the water which includes a 80 seat dining room, 40 seat Banquet room and 50 seat outdoor patio area. Neighbors are restaurants and this location is jealously guarded and renowned as "Restaurant Row." Nice size kitchen, high ceiling well appointed dining room, ABC type 41 beer and wine license and a good size outdoor patio. This business is profitable but could do so much more. The owners need to consolidate with their other restaurants and after 10 years they reluctantly have to let this location go. Don't wait too long as this area is very sort after and will sell quickly.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2003 | Current Owner: 2003 | Employees: 9 | Seating: 160 + Patio | Square Footage: 3000 approx + large Patio | Parking: 100+ | Licenses Required: Health, Business and ABC Type 41 | Days Open/Hours: Mon-Thurs 11am-9.30pm / Fri-Sat 11am-10pm Sun 12pm-9.30pm | Reason For Sale: Consolidating |

FINANCIAL INFORMATION:
Yearly Revenues: $612,000 |

LEASE INFORMATION:
Monthly Rent: $9,900 | Lease Expiration: 12/31/2017 | Lease Option: Contact for Information | Security Deposit: 5,400 |

FINANCING INFORMATION:

Listing Statistics for Premium Members

Ad#:1400376 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Find out more...

Get more details about this business.


Similar Listings


Tossed

Franchise Opportunity
Capital Required: $200,000