Profitable Alpharetta GA Asian Fusion Thai Restaurant For Sale

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Asian Fusion Thai Restaurant for Sale in Alpharetta is Profitable
Asking Price:
$199,000

Gross Revenue:
$643,558
Cash Flow:
$86,998
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Great Turn-Key Opportunity to Own This Established and Profitable Turn-Key Asian Fusion Thai Restaurant For Sale Located In Alpharetta Georgia. Open for Over Four Years, Sales Exceeding $625,000, Owner Earnings of $87,000. SBA Lending and Seller Financing Options for a Well Qualified Buyer.
The recipe for success for any restaurant begins with great food and service at a value and this Asian Fusion Thai Restaurant for sale has been delivering that and more for over four years. With FOUR STAR ratings on Yelp, Google, and other Social Media sites, review comments include feedback like "?consistently delicious" and "This place is 45 min from my house and I love it so much I will happily take that drive to have the fried rice with vegetables!!! Amazing!!!"
Next, you need a good location and it doesn't get much better than being in the heart of Alpharetta Georgia. Alpharetta, GA has a population of 64,000 people with a median age of 38 and a median household income of $98,489. This translates to tons of households and businesses with plenty of discretionary income to spend on dining out. And this profitable restaurant is located on a major road with easy access. Brought to you by We Sell Restaurants, This Asian Fusion Thai Restaurant for Sale is over 2100 square feet, seats over 80 inside and out, and all for a monthly rent of less than $4200 per month. That equates to around $23.50 per square foot and 7.7% of sales. The lease contains two 5-year options guaranteeing the next owner years of continued success.
Finally! Longevity and a strong customer base. This profitable Asian Fusion Thai restaurant for sale has been serving the community for close to five years. Sales keep increasing and in 2018 topped $640,000 delivering Owner Discretionary Earnings of $87,000. Don't miss out on this Turn-Key opportunity to take over a highly successful and profitable business today. The Seller would consider OWNER FINANCING to a well-qualified buyer and strong financials should qualify for SBA Lending.

About the Business

Location:
Alpharetta, Georgia
Year Established:
2015
Number of Employees:
19
Real Estate:
Leased
Building Sq. Ft.:
2,120
Rent:
$4,155.20 Per Month
Lease Expiration:
1/2/2030
Facilities:
5 3x5 Asian Market Prints framed 4x6 Tuk Tuk print framed 2x4 Thai boxing print framed 7 booth seats 10 4 top tables 6 2 top tables 4 30 inch tound tables 28 metal dining room chairs 16 Bar stools 65 inch Samsung TV 6 decorative pendant lights Manitowoc ice machine for soda fountain 6 flavor Coke soda Fountain Beverage station cabinet and counter Revention POS Beverage Air Keg cooler with 3 taps Crathco cold beverage dispenser 8x10 Walk in cooler with new refridgeration last year Alto Sham hot box 72 inch Turbo Air sandwich prep station 48 inch Turbo Air work top cooler 4 burner wok range 14 inch inch holes 3 well electreic Serv Well steam table Frymaster 70lb deep fryer Star Max 24 inch flat top grill 36 inch Southbend convection oven Rice Master 55 cup rice maker John Boos custom 3 comp sink 2 prep sinks Manitowok ice machine with bin 18 foot Custom Hood Pro Tex 2 fire suppression system Artic Air upright freezer 1 3x5 chest freezer Commercial meat grinder Robot Coupe Cl50 food processor All metro shelving 4 metal patio tables 16 metal patio chairs 16x3 feet custom menu board 4x6 display chalk board Navien tankless water heater
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Increased sales each year we have been open Opening on Sundays would increase sales by 15
Growth & Expansion:
Well established customer base Good mix of residential and businesses makes for both good lunch and dinner crowds Kohls Super Target and Petco are all anchors to our plaza
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About the Sale

Reason For Selling:
New Career

Listing Info

ID:
1646642
Ad Detail Views:
508

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Business Listed by

Steve Weinbaum

We Sell Restaurants
License# GA SL 365512

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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