Thai restaurant in HB, close to beach

Huntington Beach, CA (Orange County)

Thai restaurant in HB, close to beach
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Asking Price: $149,000

Cash Flow: $80,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $7,000

Inventory: $5,000

Rent: $3.01 /Month

Established: 2018

Thai restaurant in HB, close to beach

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Business Description

This up & coming 50 seats Thai restaurant has many upgrades. The restaurant has regular customers from business park, residentials and hotels nearby. There are ample parking in the front and rear. Beer and wine license is included in the sale.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
50 seats and 5 seats at the bar, lease terms is 4 + 5 years. Fridge, new freezer, wok, 6 burners, fryer are in good shape. Lease is only $3,615 +NNN.
Competition:
There are Wells Fargo, Porky Pizza, Japanese restaurant, Liquor store, Cleaner, Nail Salon, Hair Salon and bait shop in the same complex. This restaurant has great review on Yelp and built up many regular customers.
Growth & Expansion:
New owner could increase a lot more business by adding delivery service.
Support & Training:
1 week
Reason for Selling:
Owners have many businesses and the restaurant is getting too busy.
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Business Listed By:
Mod O'Connell

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