Successful Asian Restaurant. Highly Profitable

Union County, NJ

Successful Asian Restaurant. Highly Profitable
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Asking Price: $100,000

Cash Flow: $110,000

Gross Revenue: $264,000

EBITDA: N/A

FF&E: $20,000

Inventory: N/A

Rent: $4,741.67 /Month

Established: 2011

Successful Asian Restaurant. Highly Profitable

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Business Description

Successful Asian Restaurant. Highly Profitable.

Founded in 2011, this family operated restaurant serves authentic Thai Cuisine and would convert nicely to fit many different types of food concepts. It is located in a busy strip mall with plenty of parking in a lot. The strip mall has a large Chinese supermarket frequented by many Asian and non-Asian patrons. There is also a liquor store and a large fitness center. The Sellers currently work full-time in the business and are looking to retire.

This restaurant is a great opportunity for a buyer that wishes to continue with the current concept or put in their own concept, especially but not limited to Vietnamese Pho and Authentic Chinese Food (there aren't any Vietnamese Pho restaurants in the area). A new owner could expand from the Thai Cuisine and offer additional Asian Cuisines to cater to the people in the area.

If you are looking to open your first restaurant and serve Thai Food, Sushi, Vietnamese Pho, or Chinese Food, this could be a perfect fit. Everything in this restaurant is perfect, and it doesn't need anything more.

Deliveries through vendors like DOORDASH are available in the area as well.

Seating is available for 80 total (60 in dining room and 20 in private party room).

10 years available on the lease contract.

Detailed Information

Location:
Union County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
1/31/2030
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,500 sq ft plus basement for storage
Competition:
This restaurant could remain a Thai Restaurant or easily convert to fit many other food types, especially Vietnamese Pho (no Vietnamese Pho restaurants around).
Growth & Expansion:
Adding Vietnamese Pho, sushi, or other types of cuisine may have a broader appeal for additional patrons. Marketing efforts should focus on expanding catering & take out sales.
Support & Training:
Two weeks included in sale price.
Reason for Selling:
Retirement
Business Website:
http://www.thaiamarinnj.net
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Business Listed By:
Amy Thana

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