Beautiful Profitable Thai/E2 Visa Opportunity

Los Angeles County, CA

Papaya Salad/Traditional Thai Street Food
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Asking Price: $420,000

Cash Flow: N/A

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: N/A

Inventory: $7,000*

Rent: $7,800 /Month

Established: 2000

*not included in asking price.

Beautiful Profitable Thai/E2 Visa Opportunity

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Business Description

Opportunity for E2 Visa or EB5 Visa Investment in USA

6 blocks walk to Santa Monica Beach. Owner has pouring heart for this beautiful, Tasteful, delicious food place in the heart of City Santa Monica. Consistent busy and well known in the neighbor and Tourist. More than 19 years in the business and stay strong. 54 seats including front patio. French front windows look. Approximately 1,800 Sq. Ft. Huge storage room in the back with permitted. Business Dine-In, Pickup and Delivery. Sales are in the $1,400,000/Annual range. Opened only 26 days monthly (Weekend served only dinner) and closed on all major holidays. Beer and wine license included. Kitchen and restaurant has built from scratch in 1997. Have own online website delivery with 2 drivers and partner with Grub-hub. Most of employees have been working long period time. 3 blocks from Promenade and 6 blocks from the Ocean Blvd. Business operation only 8.50 hrs. /day on M-F and 5 hours on weekend. Lots of potential and carry on establish and successful business. Good reasonable lease to 2020 with 5 years option and workable with nice landlord.
Please do not talk to employees. They are not aware of the sale. Financial records will be provided to buyer with proof of fund, signed Confidential and committed.

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Employees:
22
Facilities:
Approximately 1,800 Sq ft included storage, Lease 5 + 5 years. Constantly updated facilities, Street Parking, Public parking or Valet Parking service if desired. (Home Based)
Competition:
3 Thai restaurants in 1.5 miles
Growth & Expansion:
Can adds Japaneses or Breakfast
Support & Training:
4 weeks of 3 hours a day, 5 days a week.
Reason for Selling:
Retirement
Home-Based:
This business is Home-Based
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Business Listed By:
Josephine Chung

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