Thai/ Asian restaurant for sale

Saint Petersburg, FL
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Asking Price:$175,000
Established Year:2019
Gross Revenue:$480,000
BUSINESS DESCRIPTION

Restaurant name: Yummy Thai
Address: 10466 Roosevelt Blvd N, St. Petersburg, FL 33716
Asking price: $175,000
Seat: 60
Rent: $3,200(CAM included)
Average sales: $35,000- $45,000 per month
Lease: 3+ 5 years optional
Size: 1,510 sft.
Reason to sales: Retired
Profitable projection Annual Overview
Gross Sales $480,000
Rent $38,400
COGS $144,000
Payroll $148,000
Other overheads $30,000
Net Income $119,600
CAP Rate of return on Investment: 68%


DETAILED INFORMATION
Location
Saint Petersburg, FL
Inventory
Not Included in asking price
Employees
3
Support & Training
2-4 weeks
Reason for Selling
retired
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