Full-Service Restaurant. Priced Below Market. Great Location.

40-seat Asian restaurant includes type 41 liquor license. Motivated sellers.

Specifications

 Price:
$125,000
Revenue:
$517,000 in 2022
EBITDA:
$115,200 in 2022
Location:
San Francisco
Service Area:
San Francisco
 Profit Margin:
21%
 Employees:
4 FTE (Includes 2 Owners)
Reason for Sale:
The Sellers are Retiring
Goodwill: 18 Yr. Reputation, 4.3 Stars On Google Reviews
Year Established:  2005
Services:  Authentic Thai cuisine with beer and wine license
Furniture,
Fixtures
& Equipment: 
Type 1 Hood, 4 burner wok station, gas flame grill, 8 burner stovetop with oven, single basket deep fryer, island cold station, rice cooker, 2 door True and 1 door True refrigerator and 1 door True Freezer, Auto-Chlor washer with dump sink, 3 compartment sink, prep sink
80/20 ratio between dining room and kitchen, 25 table with 40 seats and reception desk, POS 4Soft, enclosed drink prep station and 2 ADA bathrooms, 100-gallon water heater, 50” TV, 8 camera security system
Clientele:  Neighborhood and people who love authentic Asian Food
Facility:  1700 sq. ft.
Lease:  $8950/month, option available, LL prefers longer leases
Personnel:  2 FT servers, 2 owners work in kitchen

Value Proposition

  • 18 year old established resturant
  • Steady revenue generation, with ability to expand
  • Potential for growth with current menu
  • Own concept can be chosen
  • Chef owner have full control and artistic license
  • 2 ADA bathrooms
  • Wine and beer sales can be greatly increase
  • Fully equipped turn key operation
  • Separate bar and drink prep area
  • Small office open to the main room
  • Front reception area

Revenue Breakdown

Financial Highlights

  • 26% pick up orders
  • 55% dine in. Of that, 19.5% is lunch, 80.4% dinner
  • 19% is on-line pick up
  • Average ticket per person: $49.80
  • Owners pay themselves $110,680 on W2
  • Utilities:$2,787 per month average
  • Rent: $8,950 per month
  • Repair and maintenance: $2,993 in 2022
  • Advertising: $15,600 per year
  • Priced heavily in favor for a buyer at $125,000

Cashflow Analysis