Thai Restaurant, Northern NY — $165K, Under 2x Earnings

Asking Price$165,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$365,000

Inventory$10,000
Included in asking price
FF&E$5,000
Included in asking price
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Thai Restaurant, Northern NY — $165K, Under 2x Earnings


Asking Price$165,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$365,000

Inventory$10,000
Included in asking price
FF&E$5,000
Included in asking price
Business Description
The only Thai restaurant in its trade area, operating five days a week in a high-traffic retail plaza on a primary commercial corridor next to one of the largest Army installations in the country. Tens of thousands of soldiers, civilian staff, and family members live and work within a short drive — a dense, renewing customer base that doesn't depend on tourism or seasonal traffic.

The business has built a loyal following on reputation alone, with strong ratings across major review platforms and steady volume on DoorDash and Uber Eats alongside dine-in and takeout. No paid advertising, no marketing spend.

Offered at $165,000 on seller's discretionary earnings of approximately $90,000 — less than two years of earnings, with FF&E and the full commercial kitchen included. The owner is relocating out of the area for family reasons and is selling an operation that is performing, not one that needs fixing.

Fully turn-key. The 1,700 sq ft space includes a complete commercial kitchen — hood and suppression system, walk-in cooler, three-bay sink, chest freezer — with no build-out required and no deferred equipment spend. Operations are simple enough for a first-time owner-operator, and the menu and prep systems are already established. Seller will provide training and recipe transition.

The lease is one of the strongest assets in the deal: rent well under market for the corridor, a term running through mid-2030, and a five-year renewal option. A buyer inherits a fixed, predictable occupancy cost for the better part of a decade.

Where the upside is: the restaurant is currently closed Saturday and Sunday. In a market where weekends are the busiest dining days and the base population is off-duty, that's roughly 40% of the available week going unsold. The current $90K in earnings comes from a five-day week. Add catering to the military and institutional community, a real social media presence, and deeper work on the delivery platforms, and there's meaningful room above current earnings without changing the concept.

Highlights

Priced at under 2x seller's discretionary earnings
Only Thai concept in the local market
Adjacent to a major Army installation — large, stable, built-in customer base
Closed weekends: immediate, low-cost revenue expansion
Below-market lease through 2030 plus five-year renewal option
Fully equipped kitchen, no build-out or capital catch-up required
Established ratings and delivery presence with zero ad spend
Simple daily operations, suited to an owner-operator
Seller relocating; training and transition support included
About the Business
Years in Operation
11
Employees
3 Full-time
1 manager
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,700
Rent
$2,535 per month
Lease Expiration
6/30/2030
About the Sale
Seller Motivation
Relocation
Transition Support
3 weeks
Listing Info
ID
2500170
Listing Views
100

Listing ID: 2500170 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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