This is the best Thai and Sushi restaurant in the Scottsdale area serving fresh traditional Thai food as well as wonderful Sushi. I encourage you to try it because I'm not exaggerating! The neighborhood has welcomed this restaurant with great sales numbers as well as great growth, making it a profitable business on tax returns! The partners have decided to part ways and are selling this business at a bargain price. But the most attractive point of this restaurant is the low, low rent for the North Scottsdale area! All-in rent is in the $2,300 range including CAM for more than 2,000 Sq. Ft. plus a patio facing east! So there's shade in the late afternoon.
WORK ONLY 6 EVENINGS A WEEK!
This restaurant is open 6 nights a week, no lunches. It serves full liquor as well as beer and wine. It has a small sushi bar. The owners have trained staff to make the food with recipes, but you should have knowledge of the food. So if you're good at managing people and good at knowing what good Thai food taste like with knowledge of how to cook it, then this restaurant is your dream and a steal at this low price. Here are the Sales by Month:
|$ 712,663||$ 558,667|
This business qualifies for an SBA loan with 20% down. Buyer will need to have restaurant experience - perhaps in the Asian restaurant business - good credit and plenty of cash on hand or assets to prove you've been successful in business.
2022 Sales appear to be up about 8% over 2021 as of September 2022. 2021 Sales were $713,807 with working owner cash flow of $155,270 with food cost slightly more then 27%. The owners have been increasing prices during 2022 to offset food inflation. Heading into the holiday season, the cash flow through September is about $101,000. The rent factor is a low 6.5% in 2021.
This is a highly confidential listing and all parties must sign digital NDA and be pre-qualified in order to obtain the name and address of this business.
|2014 Total Population||23,930||116,776|
|2010 Number Of Households||8,976||48,235|
|2010 Persons Per Household||2.38||2.13|
|Median House Value||$552,700||$408,013|
|Income Per Household||$95,515||$78,322|
|2009 Number Of Businesses||536||5,847|
|2012 Number Of Employees||5,312||142,760|
|2012 Total Annual Payroll||$123,876,000||$3,687,370,000|
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