Thai Grill Restaurant

Floresville, TX (Wilson County)

Seller Financing Available
Thai Grill Restaurant
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Asking Price: $59,000

Cash Flow: N/A

Gross Revenue: $250,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,771 /Month

Established: 2012

Thai Grill Restaurant

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Business Description

A turn key charming Thai Grill Restaurant business located on 10th Street, Floresville, TX 78114. It's located between Best Western Hotel and La Quinta Hotel. This is the only restaurant that serves Thai Food in Floresville and nearby towns (Poth, Elemendorf, La Vernia, Pleasanton,Stockdale, Falls City, Sutherland Springs, Adkins, Hobson, Leming ) outside of San Antonio, TX.

Floresville is a great place to raise a family with an outstanding elementary, middle and high school. Restaurant is surrounded by hotels, business, shopping centers (HEB, WalMat, etc.), medical/dental clinics and nearby hospital. There are also transient oil/refinery workers.

It's definitely busy during lunch and dinner hours. This is a dine-in and take-out service restaurant that can expand to catering and delivery if needed. Thai Grill serves authentic Thai cuisine with fresh ingredients, vegetables, and meat. The dishes will be served with a beautiful presentation of vibrant colors to our customers. We also serve BOBA Smoothie drinks that come in 15 different flavors. .t's the perfect business for a family owned or new entrepreneur who wants to test out their skills to attain the highest return of investment.

We are so confidence that you will get all of your Return of Investment back within 18 months, we are willing to offer Option 2, Pay $35,000 for 40% ownership and work part-time or full time as manager and assistant chef, call for more details. Option 2 also gives you rent free lodging and food included in 40% ownership. This is the opportunity for you to be your own boss and it cost less than a brand new car. Call for more financial details or questions.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,370
Lease Expiration:
N/A
Employees:
6
Facilities:
Building SF is 1370. Restaurant has 12 tables with 48 chairs inside and can accommodate more table and chairs outside in patio area. Also, has 2 bedrooms and 2 bths mobile home included in restaurant lease. Inventory included in asking price.
Competition:
Two Chinese Restaurants and one Vietnamese restaurant within city limits. We are the only Thai Restaurant in Floresville. Asian food is on an exponential growth. According to Euromonitor, Asian food restaurants have grown by nearly 500 percent since 1999 and have grown by 135 percent in global sales. This shows that the Asian food restaurants are an increasing trend around the world.
Growth & Expansion:
Restaurant is not operating at it's full potential and only opens 5 days per week (Tuesday to Saturday). Customers are asking for us to open on Mondays. Need additional cook/manager to expand to 6 days per week operation in order to handle customers workload.
Financing:
Option 2, Buy 40% ownership at $35K + work part-time or full time manager/chef.
Support & Training:
1 month training when purchasing 100% ownership or purchase 40% ownership and work part-time as manager/assistant chef. Call for more details.
Reason for Selling:
New Business Opportunity
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Business Listed By:
Vanhseng Phanthavong

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