Northern Thai Cuisine for Sale

North Hills, CA
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Asking Price:$175,000
Established Year:2023
Rent:$6,982.5
BUSINESS DESCRIPTION

Northern Thai Cuisine – A Turnkey Restaurant Opportunity
Located in a high visibility with heavy foot traffic, Northern Thai Cuisine offers an authentic dining experience that has captured the hearts of its loyal customer base. Known for its vibrant and flavorful dishes inspired by Thailand's northern region, the restaurant combines traditional charm with modern amenities. This well-loved establishment boasts a cozy yet warm and modern interior, complete with handcrafted Thai decor, polished wood finishes, and soft ambient lighting, providing a relaxing environment for dine-in guests. The restaurant has a well-thought-out layout that can accommodate 72 seats and plenty of easily available parking spaces is designed to accommodate both dine-in and takeout customers seamlessly.
The commercial kitchen is fully equipped with industrial-grade burners, Two-sections refrigerator, 5 wok arena stations, fryers, Vulcan grill, ovens, walk-in freezer, and a high-capacity ventilation system, making it ideal for high-volume cooking. The space is well-organized and ready for immediate operation, making it a dream setup for chefs or entrepreneurs looking to enter the food business. Whether you want to continue the current concept or introduce your own, this space offers exceptional versatility.
This turnkey opportunity is great for aspiring restaurateurs or established entrepreneurs looking to expand their portfolio. The sale includes furniture, fixtures, and equipment, as well as the option to negotiate with the existing brand or bring a new concept to life. Whether you’re drawn to its established reputation or the potential for growth, Northern Thai Cuisine is ready for its next chapter under your ownership. Don’t miss out on this business opportunity!


DETAILED INFORMATION
Location
North Hills, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,995
Lease Expiration
31/12/2029
Employees
8
Facilities
This listing offers the potential to include a fully equipped kitchen, dining furniture, and decor, creating a turnkey opportunity for the new owner. With these inclusions, the space is ready for immediate operation, ensuring a seamless start for your restaurant or hospitality venture. The thoughtfully designed interior and comprehensive setup provide a welcoming atmosphere for customers and convenience for staff.
Competition
Yelp rated Northern Thai Cuisine as #5 best restaurant in San Fernando Valley, 91343. The traffic volume at the intersection of Woodley Ave. and Nordhoff St. is approximately 39,000 vehicles, making it an attractive choice for businesses.
Growth & Expansion
This vibrant restaurant currently accommodates 42 seats but has the potential to expand seating capacity to 72, offering significant opportunities to increase customer volume and revenue. The existing layout is flexible, allowing for creative arrangements to maximize space while maintaining a comfortable dining experience. Whether for intimate gatherings or larger groups, this space is ready to meet diverse dining needs, enhancing the overall appeal for patrons.
Financing
Lease expires Dec. 31, 2029 with a 5-year options. Starting 2025, the lease is $6,982
Support & Training
At an additional negotiated cost, the current owner is willing to provide three months of training and support to ensure a smooth transition for the new business owner. This offering includes guidance on day-to-day operations, customer management, and any unique aspects of the business, setting the new owner up for success while maintaining continuity in the quality o
Reason for Selling
Family hardships and health issues
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Haik
Bokhchalian
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Haik Bokhchalian