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Priced To Sell ~ Thai Restaurant For Sale  ±1400sf

Auburn, CA, 95603 USA
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  • Businesses For Sale | Other Restaurant, Food, & Alcohol Businesses For Sale
  • Businesses For Sale | Other Restaurant, Food, & Alcohol Businesses For Sale
  • Businesses For Sale | Other Restaurant, Food, & Alcohol Businesses For Sale

Listing ID : 1065741

Listed On June 25, 2024 View Count 83

Listing Updated September 26, 2024

Broker Listing ID:
1111-S
Price :
$74,000
Business Overview :
Target Working Capital:
$80,000
Year Established:
2011
Number of Employees:
2
Inventory Included:
Yes
Estimated Value of Inventory:
$1,000
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$74,000
Outstanding Liabilities & Debts:
No
License Included:
Yes
License Type:
41 beer/wine
Business Location Details :
Business Location:
Leased
Rent:
$2,200
Type of Lease:
Triple Net Lease (NNN Lease)
Lease Expiration:
New 5 year lease
Building Size:
5,881 Sq. Ft.
Facility & Tenant Improvements:
1400 sq ft restaurant with small patio area in front and lots of street parking.
Property Details :
Terms :
NDA Required:
Yes
Broker Co-Op:
Yes
Support & Training Offered:
12 hours over the first week beginning on the day the escrow closes
Reason for Selling:
Retire
Company Overview :
Franchise Overview :
Description :

ASSET SALE
 ±1400 sf with small patio in front;
Placer County
N California / near Sacramento;
Would make a good conversion to something else, like Boba, Coffee/pastry shop, Salads & Sandwiches, etc;
Has beer/wine license
Very Affordable rent
***complete NDA to get more information***

Well-established charming and authentic Thai restaurant for sale in N California just east of Sacramento. In business since 2011 and located on a busy street with excellent visibility, both locals and tourists come here to dine for delicious Thai food. Easy to manage and operate, this restaurant would be perfect for a ‘husband and wife’ team to operate plus maybe one or two employees. Current owner has owned it for almost five years and is now ready to retire.

The small patio in front can seat about 10. New five-year lease to Buyer with one five-year option. Turn-key operation ~ Buyer can step in and start operating right away as a new owner.
Beer/wine license included. Priced to sell!
Conversion to something else very possible like a Boba Tea shop or Coffee/Pastry.
Listing ref# 1111-S

Motivated Seller
Asking Price: ONLY $74,000!!
Includes:
• all FF&E to operate the restaurant as per the FFE list;
• ABC License: type 41 (beer/wine) included in asking price;
• Inventory at cost up to $1000 (on hand at COE);
• Size: ±1400 SF (per landlord)
• Occupancy: Inside about 36~40
Outside: ±10
Landlord will do a New Lease: 5 years + a 5 year option to renew
Type: NNN Lease
Rent:
Monthly
Year………….Rent
1……………$2200 + NNN
2……………$2300 + NNN
3……………$2400 + NNN
4……………$2500 + NNN
5……………$2500 + NNN

Current Additional Rent (NNN) as of June 2024:
PropTax & Insurance $308 / month
+ Sewer $173.33 / month
+ Water $60~$100 / month (note: May water was about $58), depends on usage;
These are the first-year amounts; annual increase adjustments will occur based on actuals;
Trash: runs about $200 a month Tenant is responsible and pays direct to trash company;
Security Deposit: $2200
Grease Trap is above ground.
Small but adequate size type 1 hood

It is possible to change the concept should someone want to.
Landlord approval would be required.
With the small patio area in front, a Boba Tea or Coffee shop could do well there.
Has a small type 1 hood for cooking.
NDA will be required from all prospective Buyers.

Listing Highlights

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