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Mission Hills

  • Listing No.: 130-00143

  • Category: Food - Restaurant

Asking Price $98,000.00
Down Payment
Gross Revenue $241,252.00
Total Adjusted Net Income $49,668.00
Equipment / Fixtures $20,000.00
Year Established 2012
General Location Mission Hills
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Long-standing Thai restaurant with full service dining for lunch and dinner, pot-luck, and full take-out menu! Location near a major freeway! Great menu with all of the authentic Thai favorites made from scratch daily, including soups, BBQ, noodles, curries, rice dishes & more! Kitchen features 1 Chinese Wok Range, 1 Six-Burner Range w/ Oven, 1 Gas Deep Fryer, 1 Gas Charbroiler, 1 Two-door Refrigerated Sandwich Prep Table, 1 reach-in freezer,  2 refrigerators, 5 commercial work tables, and more. Recipes included! Seller is retiring! Income verifiable on tax returns! The restaurant does not have an ABC license.  This is an owner-operated business. No managers are in place. Inquire now!

Gross Revenue $241,252.00 Listed Price $98,000.00
Total Income $49,668.00 Down Payment
Base Rent $3,462.00 Square Feet 1245
Total Rent $4,459.00 Lease Expiration 12/2024
Rent Deposit $3,500.00 Lease Options 1/5
Inventory $1,000.00 Leasehold Improvements $60,000
Equipment / Fixtures $20,000.00 Other Assets Signage - $2,000.
Full-Time Employees Training Period 2 weeks
Part-Time Employees 2 Special License Required Business License, Seller Permit, Alarm Permit, Health License
Contract Staff Reason for Selling Retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.