Business Overview

Thai restaurant in growing area of south Stafford County, Virginia. The business is rock solid profitable and has high margins. Seating for 80+ guests with a full bar. Currently using door dash, and grub hub for delivery, so margins could be greatly improved by adding own delivery drivers.

** The price has been reduced in the hopes of a quick sale opening the possibility that this location could be converted to any cuisine. It would also work well as a restaurant bar with live entertainment on weekends**

For more information call Northern Virginia’s Number One Business Seller – Doug Jackson at (703) 898-0888.

Financial

  • Asking Price: $129,500
  • Cash Flow: $100,000
  • Gross Revenue: $520,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2008

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Rent is only $4,000 per month.

Is Support & Training Included:

Seller willing to train for as long as needed to ensure buyer's success.

Purpose For Selling:

relocating

Additional Info

The venture was founded in 2008, making the business 14 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell operating businesses. However, the true reason vs the one they say to you may be 2 totally different things. For instance, they might state "I have a lot of other commitments" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these might simply be excuses to try to hide the reality of altering demographics, increased competitors, recent reduction in earnings, or a range of other factors. This is why it is extremely vital that you not depend entirely on a seller's word, yet instead, use the vendor's answer in conjunction with your overall due diligence. This will paint an extra sensible image of the business's current scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many businesses take out loans so as to cover items such as inventory, payroll, accounts payable, etc. Keep in mind that sometimes this can mean that profit margins are too small. Many companies come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that should be met or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area attract new clients? Many times, operating businesses have repeat clients, which form the core of their everyday profits. Specific elements such as brand-new competitors growing up around the location, roadway construction, and personnel turn over can influence repeat customers and also negatively impact future earnings. One vital thing to think about is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business regularly, the greater the chance to develop a returning consumer base. A last idea is the general location demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? Exactly how might the local median home income influence future earnings potential?