MergerPlace

Established Thai Restaurant for sale!

New Jersey (Sussex)


  • Asking Price: $225,000
  • Gross Income: $588,077
  • Cash Flow: $178,960
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #217436
  • Established: 8
  • Employees: 9

Business Description

Great opportunity to purchase a thriving Thai Restaurant in a high demand, developing area, centrally located on a major street with lots of traffic. Established for 8 years, this is the second restaurant of the current owners who also have operated a very successful restaurant In Morris County area for the past 20 years. Located in small strip mall, this restaurant is surrounded by the complex owned by Thor Labs. Thor Labs employs almost 900 people and are in the process of developing additional facilities in the surrounding area. This restaurant comes with a built-in customer base and a stellar reputation. It is the only Thai Restaurant within almost 15 mi and does not offer pickup and delivery which would significantly increase revenue. The owners have been reluctant to sell, however because of their age and proximity to where they live, they have decided to put it on the market. All employees are willing to stay on seating for 75


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Sussex

Company Information

Year Established: 8
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 9

Financial Information

Asking Price: $225,000
Gross Revenue: $588,077
Cash Flow: $178,960
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

A hands-on operator can expand business

Competition:

No competition in the market

Reason for selling:

Looking to retire

Support & Training:

Seller will stay on to train new buyer

Contact Business Seller

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Business Listed By:

Larry Bodner

Executive Business Brokers