MergerPlace

Tai Restaurant

Florida (Broward)


  • Asking Price: $100,000
  • Gross Income: $321,522
  • Cash Flow: $70,378
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $75,000
  • Listing ID: #202187
  • Established: 1986
  • Employees: 7 FT

Business Description

Well established and popular Tai Restaurant in attractive and progressive area of Fort Lauderdale. This restaurant has been a beacon to the community for 30 years! Known for great food and friendly service and fine ambiance. The business is operated in a impeccably kept stand alone building with over 3250 square feet that encompasses dining room for up to 70 patrons, full kitchen under air conditioning, bar area (can be converted to something else - for example a Sushi Bar) and a mezzanine - 800 sq feet - that is occasionally used as an apartment. The building has a new roof and 3 A/C units. Meticulously kept by the owners all these years. Wonderful, growing area. New owner can keep the business operating or acquire the business and building and have options as an investor. Sellers will stay on for smooth transition, however, after 30 years, motivated to begin their retirement.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Broward

Company Information

Year Established: 1986
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT

Financial Information

Asking Price: $100,000
Gross Revenue: $321,522
Cash Flow: $70,378
FF&E: $75,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Increased advertising and awareness to bring new customers from surrounding area and other new customers that are populating this growth community.

Competition:

There are other restaurants in the area, including another TAI restaurant, however, none as popular and as well known as this operation - 30 years.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost. Restaurant experience, customer service, general administration to run the business ($100k). Otherwise - investment opportunity - Real Estate ($1M). Business and Real Estate ($1.1M)

Contact Business Seller

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Business Listed By:

Edwin Pena

Murphy Business Brokers