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Listing View: Profitable Thai Restaurant- 16 Year Family Operation- Reduced! - Alameda, California


Profitable Thai Restaurant- 16 Year Family Operation- Reduced!
Alameda, California

Offered at:
$99,000

Office Listing #   1674
Revenue: Contact For Info
Cash Flow: Contact For Info
Lease Rent: $6,000 / month
Square Feet: 2,600

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 Listing Description

This profitable family operated Thai restaurant was established in 1994, maintains consistent sales and benefits serves a very loyal clientele. The premises is located is in a small center on a prime a high traffic street with all day traffic. A tiled entry and waiting area leads to the comfortable and spacious dining room, with an attractive long bar which allows for seating, a behind counter server area and reception station. The large, well equipped kitchen features a 14 1/2’ type 1 hood, 8-burner range with oven, 2‘ char grill, double fryer and 3-burner wok range. There is an 11’ stainless center service line with built-in 2-door salad fridge, prep sink and prep table with two overhead stainless shelves for staging and order pick up. On a 12’ stainless service counter are rice cookers and warmers, a slicer, microwave, food warmer, and a built-in 2-pan steam table. In addition, there is a 2-door reach-in, wire rack shelving units, and in an adjacent storage room, more wire rack shelving, a walk-in cooler and freezer and ice machine. A 2- compartment sink and dishwasher are in a room off the kitchen. The name, concept, recipes, assets and goodwill are all offered in the sale of the business, ready for a new operator to step in and continue the operation. Although the restaurant is successful with the present menu concept, the center has no other food service, allowing a buyer the option of purchasing the business assets and open with a completely different concept. Mexican, Asian, Mediterranean concepts would all work well here. Also, a buyer would be in a good position to re-negotiate rent and lease terms with the landlord. The monthly base rent is currently $4,800, and the CAM is $1,250, and INCLUDES WATER, SEWER AND REFUSE SERVICES.

General Information
Contact Information
Organization:   Sole Proprietorship
Year Established:   1994
Current Owner:   2004
# of Employees:   Contact For Info
Seating:   70
Square Foot/Size:   2,600
License(s) Required:   Contact For Info
Days Open/Hours:   Tues-Sat 11:30a-9:30p Sun 5p-9p
Reason For Sale:   Other Interests
     
Financial Information
Revenue:   Contact For Info
Cash Flow:   Contact For Info
Payroll:   Contact For Info
Lease Information
Lease Rent:   $6,000 / month
Lease Expiration:   2012
Yearly Adjustment:   Negotiable
Listed by:   Steve Zimmerman
 Restaurant Realty Company
Email: Email Seller
Phone:  415-945-9701
Fax:  415-945-9702
Website:  www.restaurantrealty.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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