Thai Restaurant downtown San Jose near Convention Center Profitable

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Asking Price:
$179,000

Gross Revenue:
$574,124
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a fabulous opportunity to purchase an established profitable Thai restaurant in a prime corner location in downtown San Jose. The restaurant is within walking distance to the Convention Center, Movie Theaters, high rise residential (new) and high rise office buildings and governmental buildings. Super prime location. The restaurant opened 2011 and the current owner is selling so she can move back to Thailand.
The rent is quite low compared to the sales at only $3,700 monthly (no NNN.) Landlord is local.
For the first 6 months of 2019 sales averaged $47,843 monthly. Well trained employees. Voted Best Thai Restaurant in Silicon Valley in 2019 by Metro Silicon Valley. High Yelp ratings.

About the Business

Location:
San Jose, California
Year Established:
2011
Facilities:
Comfortable dining room with efficient kitchen. Full hood, walk-in.
Market Outlook/
Competition:
This is very well located in downtown San Jose on a corner location. It has high visibility and is regarded as the best Thai Restaurant in the immediate area.
Growth & Expansion:
Well established with trained employees
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About the Sale

Reason For Selling:
Moving to Thailand
Training/Support:
Yes. training included.

Listing Info

ID:
1658304
Ad Detail Views:
0

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Business Listed by

Jeff Back

J. Back & Associates Restaurant Real Estate
License# 00463307

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