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Profitable Thai restaurant

Ann Arbor, MI (Washtenaw County)

Profitable Thai restaurant
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Asking Price: $125,000

Cash Flow: $60,000

Gross Revenue: $100,000

EBITDA: $600,000

FF&E: N/A

Inventory: N/A

Rent: $3,400 /Month

Established: 2014

Profitable Thai restaurant

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Business Description

Popular Thai restaurant just outside of down town Ann Arbor, Mi. Low rent and busy all year long. Extremely busy lunch time rush and busy dinner rush. Everything stays. roughly 3400/per month rent.

Detailed Information

Location:
Ann Arbor, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
9/1/2019
Employees:
7
Facilities:
All kitchen equipment stays, good condition, 3 wok range, 24inch flattop grill, 2 rice cookers 1 deep fryer all plates and inventory included. 3 compartment sink, dishwasher
Competition:
Very little competing restaurants in the area and only one other restaurant in the plaza.
Growth & Expansion:
We do have catering business which is not attached, if interested we can discuss, it will increase revenue of an average of 70,000 extra per year. Huge Kitchen for this!!
Financing:
willing to work with buyer
Support & Training:
Will Train for the first week if needed with sales system and cooking execution.
Reason for Selling:
Live an hour away and want to spend more time with family
Franchise:
This business is an established franchise
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Business Listed By:
zak brown

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