Business Overview

Profitable Thai restaurant in a very busy shopping center on a high traffic road in Alexandria VA. This restaurant has been in business for almost 10 years and has a great following with excellent google reviews by serving the most authentic Thai food with the highest quality ingredients in the area. All furniture, fixtures and equipment are in excellent condition and are included in the sale of this restaurant. Can be converted to fit most concepts & menus. This is a MUST SEE restaurant ready for a new owner.

Price: $129,000
Sales: $500,000
Cash Flow: $70,000
Rent: $10,200
Term: 3 years with (2)5 year options
Size: 1,600sf
Seats: 60
Employees: 3

Financial

  • Asking Price: $129,000
  • Cash Flow: $70,000
  • Gross Revenue: $500,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

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:3
  • Furniture, Fixtures and Equipment:N/A

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people choose to sell businesses. Nonetheless, the true reason and the one they tell you may be 2 entirely different things. For instance, they may state "I have a lot of other obligations" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might just be justifications to try to hide the reality of transforming demographics, increased competitors, current reduction in revenues, or a variety of other factors. This is why it is really essential that you not rely completely on a vendor's word, however instead, make use of the seller's response together with your general due diligence. This will repaint an extra reasonable picture of the business's current situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies borrow money so as to cover things such as stock, payroll, accounts payable, and so on. Remember that occasionally this can imply that profit margins are too thin. Numerous companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that must be met or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location attract brand-new consumers? Many times, companies have repeat customers, which create the core of their everyday revenues. Particular elements such as new competitors growing up around the location, road building and construction, as well as personnel turn over can affect repeat clients and also negatively impact future earnings. One vital thing to take into consideration is the area of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Clearly, the more people that see the business on a regular basis, the greater the chance to construct a returning customer base. A final idea is the general area demographics. Is the business located in a largely populated city, or is it located on the outskirts of town? How might the regional median family earnings effect future income prospects?