MergerPlace

Coveted Thai/Japanese Restaurant

Florida (Broward)


  • Asking Price: $149,900
  • Gross Income: $445,000
  • Cash Flow: $181,620
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $41,000
  • Listing ID: #214939
  • Established: 2016
  • Employees: 8 FT/ 6 PT

Business Description

An eclectic and extensive menu presents traditional Thai and Japanese dishes, in addition to Latino fusion items effectively combining fiery chili with sweet and savory creations. Both chefs in the kitchen and sushi bar are experienced having held positions of leadership at other successful well-established Fort Lauderdale Asian restaurants. Besides the surprisingly good food at affordable prices, the restaurant is family owned and exudes the warmth of such establishments. Service is relaxed and friendly and the decor is is subdued and comfortable. Great for a restaurateur who wants to keep the theme or change it. Superb location. May qualify for an E2 Visa!


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Florida
County: Broward

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 8 FT/ 6 PT

Financial Information

Asking Price: $149,900
Gross Revenue: $445,000
Cash Flow: $181,620
FF&E: $41,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

Located betwen Bayview Drive and the Intra-Coastal, this successful Thai restaurant is less then 1/4 mile from the beach and the quaint and much-sought after Lauderdale-By-The-Sea. The facilities are well-maintained and the decor is modern with a low-light romantic ambiance. Plenty of public and paid parking.

Growth & expansion opportunities:

Great potential for growth on a highly sought-after location by both locals and visitors alike. This already successful restaurant is ready to move to the next level in the hands of a new buyer.

Competition:

This is a highly-desired location for locals and visitors alike. If you believe in the old adage: location, location, location - than you have found it.

Reason for selling:

Partners are splitting.

Support & Training:

Will train for 3 weeks @ no cost. An eclectic and extensive menu presents traditional Thai and Japanese dishes, in addition to Latino fusion items effectively combining fiery chili with sweet and savory creations. The buyer may choose to keep the Thai/Japanese theme or change it altogether.

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Business Listed By:

Anton Joro

Murphy Business Brokers