Uncle Tim's Thai House For Sale!

West Covina, CA (Los Angeles County)

Uncle Tim's Thai House For Sale!
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Asking Price: $480,000

Cash Flow: $102,300

Gross Revenue: $480,000

EBITDA: $162,300

FF&E: N/A

Inventory: $10,000*

Rent: $6,475 /Month

Established: 2010

*not included in asking price.

Uncle Tim's Thai House For Sale!

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Business Description

Uncle Tim's Thai House at the West Covina Village Shopping Center in West Covina, California is located within a 3,080 Sq.Ft. restaurant space. This location provides a business with neighboring tenants like Stater Bros, LA Fitness, UEI college to name a few.

This turn-key business opportunity offers an entrepreneur with vision to take over an existing built-out sit-down restaurant worth over $400,000.00 in furniture, fixtures, equipment and tenant improvements. The area provides great foot traffic, shopping center parking lot. Current lease in place has 6 years remaining of a 10-year renewal lease term with 2 – 5-year options to extend the lease that provide a tenant with a below market rent for years to come. Rental increase only increase every 2 years instead of every year. Since 2010 the space is occupied by Uncle Tim's Thai House.

Seller is negotiable and open to all offer!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,080
Lease Expiration:
7/31/2025
Employees:
4
Facilities:
Uncle Tim's Thai House at the West Covina Village Shopping Center in West Covina, California is located within a 3,080 Sq.Ft. restaurant space. This location provides a business with neighboring tenants like Stater Bros, LA Fitness, UEI college to name a few. This turn-key business opportunity offers an entrepreneur with vision to take over an existing built-out sit-down restaurant worth over $400,000.00 in furniture, fixtures, equipment and tenant improvements. The area provides great foot traffic, shopping center parking lot. Current lease in place has 6 years remaining of a 10-year renewal lease term with 2 – 5-year options to extend the lease that provide a tenant with a below market rent for years to come. Rental increase only increase every 2 years instead of every year. Since 2010 the space is occupied by Uncle Tim's Thai House. Seller is negotiable and open to all offer!
Competition:
The restaurant space is located within 224,372 Sq.Ft. shopping center.
Support & Training:
Negotiable
Business Website:
http://www.uncletimthaihouse.com/
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Business Location


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Eric Chavez

Business Listed By:
Eric Chavez

Chavez & Associates REBF, Inc

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