Award Winning Thai Restaurant W OVER $130K SDE!
La Canada Flintridge, CA Los Angeles County
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- RE: Award Winning Thai Restaurant W OVER $130K SDE!
- Contact: Michael Preston
- License #: 2075182
Quick Facts
| Asking Price: | $350,000 | |
| Annual Revenue: | $669,129 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $131,194 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1977 | |
| Employees: | 7 | |
| BBN Listing #: | 935463 | |
| Broker Reference #: | 130-22803 |
Business Overview:
Since 1977, this restaurant has been a beloved provider of authentic and award-winning Thai cuisine serving La Canada Flintridge and its surrounding communities. Generations of customers have returned time and time again to eat classic favorites like Pad Thai, Sizzling Beef, Kari Gai (Yellow Curry), and the ever popular Mango with Sticky Rice. Customers love the made-to-order high-quality food, reasonable prices, and a welcoming family atmosphere. While much has changed in the world in the past 47 years, this business has been a constant in the Foothills community, providing the same high-quality food and service that it always has.
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Property Features and Assets:
This business has a leased location of 1,106 square feet with a total monthly rental of $4,000. The seller is active in business with 7 PT employees. Hours of operation are 11am - 9pm, Wednesday - Sunday. Included in asking price are $5,000 in inventory and $150,000 in equipment and fixtures.
Reason for Selling:
Retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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