Off Market till Spring ThaiRestaurant! S.Shore. $149,000 Short Hours

Stoughton, MA

Seller Financing Available

listing image
Asking Price:$149,000
Gross Revenue:$450,000
BUSINESS DESCRIPTION

LOOKING FOR A NEW OWNER AFTER A LONG & PROFITABLE RUN!

TYPE OF BUSINESS: THAI/ ASIAN RESTAURANT 10 year Successful run!
AWARD WINNING Full Service Lunch, Dinner
LOCATION:South Shore, Strip Mall, Plenty of Parking
SELLING PRICE: only $149K …NOW .PRICED TO SELL QUICKLY
An established well known restaurant you can easily build up just by increasing days
open ,adding hours back in, getting a liquor license, increase advertising and marketing
( some owner financing-may be available for qualified buyers)

SALES VOLUME: $7k-$9k part time
(was $10k+ before hours shortened)
75% Take-out No delivery
LEASE: $2650 NNN $700 Years Left: approx.3 years
Employees: 4
SQUARE FOOTAGE: 1500 sq. ft.
NUMBER OF SEATS: 24 seats

BATHROOMS: 2 Handicapped Accessible

HOURS OF OPERATION: Sunday/Monday closed. Open 5 Days a week!
Tues-Friday Lunch 11:30-2:30, Dinner 4 p.m.-8:45 p.m. Sat. 2 p.m.-8:45 p.m.

COMMENTS:
THE TIME HAS COME TO SELL -was $220k, now at a price to seriously sell quickly!
HIGHLY RATED BUSINESS with SHORT HOURS! .
Profitable, Turn-key Operation for a Thai/Asian Talented Chef!
Reasonable rent. Well maintained!
Strong potential to substantially increase profit : Apply for a liquor license, Longer hours, increase catering & advertising
Many ACCOLADES given over the years by this strong base of LOYAL CUSTOMERS.

Reason for selling: Serious Health reasons so moving home- out of the country

An NDA will be Required/Very Confidential Listing!

LIMITED SHOWINGS: Make an appointment today.



Subject to errors, omissions, prior sale or withdrawal from the market…all without notice. Broker tries to be as accurate as possible, however Broker is not responsible for accuracy of listing information given by the owner.


DETAILED INFORMATION
Location
Stoughton, MA
Inventory
Not Included in asking price
Facilities
Very clean , everything in excellent working condition
Competition
There are Thai restaurants throughout other locations on the South Shore, however, this one comes out at the top . Well-known with lots of repeat business.
Growth & Expansion
Hours temporarily reduced to part time, health reasons.. Marketing & advertising business, increasing hours and building up catering end should increase bottom line substantially.
Financing
Up to $30K-$40k possibly financed
Support & Training
Seller will train an experienced buyer long enough to transition into the business.
Reason for Selling
Seller retiring due to health reasons!
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Charles Rollins
C Wesley Broker
Charles Rollins