Modern Asian & European Restaurant in Heart of Thai Town, Los Angeles
Business Description
Modern Asian & European Restaurant in Heart of Thai Town, Los Angeles
RRC#5313
Asking Price: $165,000
Location: Los Angeles County
Annual Revenue: $674,460
Monthly Rent: $9,700
Listing Description:
Using the finest ingredients and skilled cooking methods, what truly differentiates this restaurant is the genuine care and warmth woven into every detail of our service. Passion serves as the key ingredient that ties together flavors, ambiance, and the entire dining experience, ensuring every visit is unforgettable and delightful. Opened completely new in 2024, this establishment has many 4.5-star rave reviews.
Review - “Wonderful restaurant. I love it. Reminds me of a cross between Indian and Chinese food. Truly delicious. The owner and staff are so warm and welcoming. The logo and the decor of the restaurant are beautifully modern.”
Long lease remaining at $9,700 monthly for this prime corner location with huge curb appeal and the benefit of a brand-new restaurant only 2 years ago which leads to extremely low annual maintenance.
Fully equipped Kitchen with type 1 hood and fire suppression system, Beer & Wine ABC type 41 license, Patio seating & cute indoor bar seating 6.
Managing an annual revenue of $675,000 in the first full year with some small profit proves there is so much potential to grow this business, and a qualified buyer should be able to continue the growth success. This is an asset sale at $165,000 which is an extremely reasonable price for such an opportunity.
There are 2 partners and 1 may wish to stay. The Sellers might entertain a 50% partner buyout.
To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and receive the name and address immediately, along with the full financial history, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
RRC#5313
Asking Price: $165,000
Location: Los Angeles County
Annual Revenue: $674,460
Monthly Rent: $9,700
Listing Description:
Using the finest ingredients and skilled cooking methods, what truly differentiates this restaurant is the genuine care and warmth woven into every detail of our service. Passion serves as the key ingredient that ties together flavors, ambiance, and the entire dining experience, ensuring every visit is unforgettable and delightful. Opened completely new in 2024, this establishment has many 4.5-star rave reviews.
Review - “Wonderful restaurant. I love it. Reminds me of a cross between Indian and Chinese food. Truly delicious. The owner and staff are so warm and welcoming. The logo and the decor of the restaurant are beautifully modern.”
Long lease remaining at $9,700 monthly for this prime corner location with huge curb appeal and the benefit of a brand-new restaurant only 2 years ago which leads to extremely low annual maintenance.
Fully equipped Kitchen with type 1 hood and fire suppression system, Beer & Wine ABC type 41 license, Patio seating & cute indoor bar seating 6.
Managing an annual revenue of $675,000 in the first full year with some small profit proves there is so much potential to grow this business, and a qualified buyer should be able to continue the growth success. This is an asset sale at $165,000 which is an extremely reasonable price for such an opportunity.
There are 2 partners and 1 may wish to stay. The Sellers might entertain a 50% partner buyout.
To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and receive the name and address immediately, along with the full financial history, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
About the Business
- Years in Operation
- 2
- Website
- https://restaurantrealty.com/listing/?listing=5313
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,800
- Rent
- $6,700.00 per month
About the Sale
- Seller Motivation
- Other Interests
Listing Info
- ID
- 2512001
- Listing Views
- 7
Listing ID: 2512001 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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