Best Thai Food in Southern Illinois! Thai Taste

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Asking Price:
$695,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$10,500
included in asking price

FF&E:
$30,000
included in asking price

Real Estate:
$387,000
included in asking price

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Business Description

Thai Taste LLC of Carbondale, Illinois, is being offered for sale exclusively by Russell Business & Financial LLC. Thai Taste opened its doors in December of 2004. Using both homemade and modern recipes, the Thai Taste goal was to bring their particular style of Thai cuisine to southern Illinois. Thai Taste has been a staple of downtown Carbondale for over 14 years. It is housed on the first floor of the New Brush Building, built in 1895, which replaced the city's first commercial structure The Brush Building. You can find Thai Tase on its popular corner location, which boasts an amazing location accessible from Route 51, Route 13, and Route 127, just off I-57, making it an easy destination from anywhere in the region. Thai Taste has a very diverse clientele from all over the region and beyond.

Thai Taste currently holds a Class A1 license with the City of Carbondale, serving beer and wine only. It seats 65 people comfortably in the main dining room and another 11 in the bar area, and is rated for a maximum occupancy maximum of 90 persons.

Being in the center of downtown Carbondale, Thai Taste is easily accessible from anywhere in town, and is situated in a very high visibility spot. There is ample parking across the street in a City-managed and maintained parking lot. Parking is free, with a 3-hour time limit.

About the Business

Location:
Carbondale, Illinois
Year Established:
2005
Number of Employees:
6 FT; 9 PT
Real Estate:
Owned
Facilities:
The restaurant seats 65 people comfortably in the main dining room and another 11 in the bar area, and is rated for a maximum occupancy maximum of 90 persons. The kitchen has been laid out to maximize efficiency. There are 2 new coolers in the main area and updates have been made to the fryers and other equipment recently.
The seller is also including the building in the sale of the business. The building boasts approximately 3,000 square feet per floor. There are 3 floors, including a basement.

The second story of the building houses a large apartment space, which includes 2 small bedrooms, 2 full bathrooms, and a large walk-in closet space with a washer and dryer. The entire town square area can be seen from the apartment, which commands an impressive view of downtown. With the bay windows, it is possible to see in all cardinal directions.

There is a second unit upstairs, which is currently used as an office, containing a half bath with a commercial toilet. Access to the roof is through a utility storage room, which itself has a full bathroom.
Website:
www.thaitastecarbondale.com
Market Outlook/
Competition:
The name and reputation are superior and continues to produce a growth in customers and sales. The integrity of this business generates high local support throughout the region. The well-established customer base insures the stability of the business. The region has one other premium Thai restaurant, located in Marion, IL, which is a close friend and referral source for Thai Taste.

This business located in beautiful southern Illinois has a prime location near in a scenic region, known for its hills and forests. Its central location connects it within a few miles of wineries, breweries, golf courses, restaurants, national parks, lakes and recreation areas, nationally recognized event and competition centers, such as a state fairgrounds and world champion shooting complex, and a major university. This scenic region offers a wonderful climate, no traffic, ample parking, and no fast-paced hustle and bustle. The cost-of-living here is very low. It is located within 60 minutes of 3 major interstates with easy access to multiple metropolitan areas. All these reasons make southern Illinois a great place to live as well as operate a business.
Growth & Expansion:
In addition to the Thai Taste top-rated Thai cuisine and amazing atmosphere, the restaurant's reputation speaks for itself. Jetaime “Tam” Rachatanavin, the current owner, and the Thai Taste employees, are heavily involved in community events and sponsorships, and maintains great working relationships with both city government and local non-profit organizations. Thai Taste has recently become part of a new coalition of locally owned restaurants, of which members include owners and managers. The mission of this group is to promote each other's establishments and bring awareness to all the different eateries in the area.
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About the Sale

Reason For Selling:
Owner's spouse accepted a job in another state and family is re-locating.
Training/Support:
Head Chef Paris has been with the restaurant since the beginning, starting as a dishwasher, working his way up to head chef. As a personal friend of the owner and having been invested in the restaurant’s growth and success from Day One, Chef Paris is committed to transitioning to a new owner and sustaining the quality business that he has helped to build. He's been trained by the owner and the owner's family and has been exposed to Thai culture for over 20 years. His loyalties to the restaurant are unwavering and his hard work and dedication are unquestionable.

General Manager Hilary has been with Thai Taste for over four years, coming in from another fine dining establishment in the area, where she was a Floor Manager. Hilary’s numerous years of customer service have only added to her abilities as a manager, and she is the one who acts as the owner's proxy in his absence.

Owner Tam has been working in Thai restaurants since the age of 13 when his parents opened one in his hometown of San Antonio, Texas. At age 25, he moved to Carbondale to open his own Thai Taste, where he adapted his parents' menu and incorporated regional tastes into the dishes. Tam takes great pride in the fact the management staff and the employees conduct themselves with the utmost professionalism and keep turmoil out of the restaurant.
Seller Financing:
Revenues will be disclosed upon request.

Listing Info

ID:
1673329
Ad Detail Views:
72

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Business Listed by

Robyn Russell

Russell Business & Financial

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