26 years established Thai restaurant for sale in Los Angeles Thai town

Listing # 6471

Established Thai restaurant for sale in Thai Town, Los Angeles. This restaurant hasn’t been on the market for over 25 years! Located in the heart of Thai Town on world famous Hollywood Blvd. with many other restaurants, shops, and cafes nearby. Freestanding building with 13 parking spaces and men/women’s restroom. The interior feels like a homestyle Thai restaurant with a large aquarium inside. Approximately 1344 sq ft with 200 sq ft outdoor dining patio and 13 dedicated parking spaces. There is a 30 foot high monument LED sign on the property for the tenant. You can see the sign a mile away. Lease amount is $9000 + NNN. Gross income a year is currently $900,000/yr. Some of the equipment included are 20 feet type1 hood, walk in cooler, 6 burner stove, 3 wok station, food warmer, 2-door freezer, gas grill, deep fryer, 2-door under the counter prep table + refrigerator. There is also a large storage container outside in the back the restaurant for extra storage. The side of the restaurant can also be used for various purposes.

https://sellingrestaurants.com/restaurant-for-sale/26-years-established-thai-restaurant-for-sale-in-los-angeles-thai-town

General Information
Listing Status: Available
Price: $225,000
Location: Los Angeles Restaurants For Sale
Last Year's Annual Gross: $900,000
Lease Information: Landlord will provide new lease
Monthly Rent: $10,000
# of Part-Time Employees: 5
# of Full-Time Employees: 7
Hours Open: open everyday from 11-9pm
Inside Sq. Ft.: 1344 + 200 outdoor dining
Hood System: y
Highlights
  • can convert


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This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.