Profitable Thai & Chinese Restaurant in Gwinnett County - Open 20 Year

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Asking Price:
$239,000

Gross Revenue:
$584,160
Cash Flow:
$69,450
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Buy This Profitable Turn-Key Chinese and Thai Restaurant for Sale Located in Gwinnett, County Georgia. This Profitable Restaurant is currently generating Strong Sales of Close to $600,000 and $70,000 in Verifiable Owner Earnings. Located on a major road in the same strip center for more than 20 years, this Profitable Chinese and Thai Restaurant is ready for a new owner.
Brought to you by We Sell Restaurants, this Thai Restaurant for Sale features a 3000 square foot space that seats well over 100! The kitchen is a good size and well equipped with stove, grill, fryers, and steamers, and much more. There is a large walk-in cooler and freezer for plenty of storage. Rent is $7,000 per month and includes CAMS and Water. There are seven years remaining on the lease ensuring the new owner years of continued prosperity and success. The Landlord is very easy to work with, according to the owner. The Owner can share point of sale reports and financial documents to convey the six figure earnings potential for the next owner operator.
Beautifully decorated, this profitable Thai Restaurant for sale by your Restaurant Brokers is 3,000 square feet large and seats over 100. The location could not be any better, situated in a strip center on a major road with easy access and plenty of parking. The surrounding area has over 17,000 homes with a population of 43,000. The median age is only 36 years old with high discretionary household earnings of over $94,000. This translates to folks with busy lives and high disposable income...perfect for a restaurant like this. Additionally, this profitable restaurant is situated very close to a large office park, perfect for driving lunchtime and delivery revenue.
Longevity is important when valuing and considering a restaurant. This profitable Chinese and Thai Restaurant for sale has been open and operating by the same family for over 20 years! The owner has decided to sell to pursue other career opportunities and can provide point-of-sale reports and tax returns to a well-qualified buyer. The restaurant is turn-key and has four full-time kitchen employees, full-time front end employees, and a full-time driver. Don't miss out on these terrific sales and earnings.

About the Business

Location:
Gwinnett County, Georgia
Year Established:
1996
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
3,000
Rent:
$6,990.00 Per Month
Facilities:
All Booths All Tables All Chairs for 104 Customers All Decor 6 Burner Gas Stove Gas Grill 2 Rice Warmers Rice Cooker 2 Fryers 3 Refrigerated Prep Tables Meat Slicer Meat Grinder Soda Dispenser Beverage Cooler Storage Racks 2 Refrigerators Point of Sale System Security System with Cameras All Cookware All Smallwares All Serveware
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Open and Operating for 23 Years Located on Major Road Densely Populated area - residential and business
Growth & Expansion:
Extend Hours 3rd Party Delivery
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About the Sale

Reason For Selling:
New Career
Training/Support:
Yes

Listing Info

ID:
1624361
Ad Detail Views:
765

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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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