JUST REDUCED $50K--Thai Restaurant-with $99K Down SBA Approved
Sarasota, FL
| Asking Price: | $549,000 |
| Gross Revenue: | $1,114,977 |
| Established Year: | 2013 |
| Cash Flow: | $216,407 |
| Inventory: | $5,000 |
Listing ID: 2204666Listing provided by BizBuySell
BUSINESS DESCRIPTION
Thai Restaurant-SBA APPROVED with $99K Down
SEMI-ABSENTEE-BUYER/OWNER
Good E-2 Visa Option
Iconic Thai Restaurant-
Restaurant which is approximately 2000 square feet has been in location for over 10 years
Business has been operated by same family during its existence
Head Chef has been with current owners since inception
5 of 7 employees are crossed trained on the works and appetizer station
Copy and paste to eSign NDA:
https://signnow.com/s/iItHK1Hv?listing=Landmark Thai Restaurant
DETAILED INFORMATION
Location
Sarasota, FL
Inventory
Not Included in asking price
Employees
7
Facilities
Restaurant is approximately 2000 square feet
Business has about 150,000 worth of furniture and fixtures
Competition
Normal restaurant competition exist in the area, however this Thai restaurant is among the best known and prominent in the region.
Growth & Expansion
Restaurant is currently closed on Mondays
Catering and delivery can increase sales
Financing
YOU only need $99K-Seller is willing to partially finance along with SBA loan. Greate
Support & Training
Sellers will provide buyer with two weeks of training and transitional support at no additional charge
If buyer is willing to be absentee, the sellers wife is willing to stay on to run restaurant for buyer for an agreed upon salary.
Reason for Selling
Planning for future retirement
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