Business To Buy

Thai Restaurant

not, Utah
This amazing, authentic Thai restaurant was established by the owners in 2007 and has built a reputation for high quality, authentic recipes using only fresh ingredients, no MSG or preservatives, and always maintaining consistency. They offer both inside dining and take-out at very reasonable prices. They have built a very loyal customer following, evidenced by their sales dropping very little during the 2020 COVID restrictions and shutdowns.

2019 gross sales were over $1,250,000 and 2020 sales were less than $100,000 off from 2019. So far in 2021, sales are on pace to reach or exceed the 2019 level.

The asking price for the business is $500,000 and the seller is willing to consider financing a significant portion of the purchase price for a well-qualified buyer. The business has excellent and loyal employees many of whom have been with the business for a substantial amount of time. The owner of the business acts as the overall manager, handling administrative tasks including accounting, payroll, hiring employees, and oversees the quality of food and services. Financial records and other records for this business are in pristine condition and the owner is willing to give whatever training and transition is necessary for a new owner.

Financials

Price: $500,000
Gross Income: $1,250,000
Cash Flow: $260,000
FFE: $75,000
Inventory: $5,000
Real Estate Value: $0

About the Business

Office Reference ID: #202124
Year Established: 2007
Financing: Seller may consider some financing for a highly qualified buyer.
Training: negotiable as needed
Facilities:
Competition:
Growth:
Business Listed By
Name: Colliers International Mergers & Acquisitions
Company: Colliers International Mergers & Acquisitions
Phone: 801-947-8327

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