Scottsdale Restaurants For Sale
Profitable Thai and Sushi Business in North Scottsdale
SUMMARY
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:
| 2021 | 2022 |
| 56,242.84 | 73,497.24 |
| 55,322.76 | 69,585.10 |
| 60,940.12 | 74,778.08 |
| 61,093.82 | 68,399.86 |
| 60,473.88 | 61,202.84 |
| 54,644.06 | 51,445.89 |
| 54,165.50 | 53,652.20 |
| 58,619.35 | 50,962.21 |
| 55,719.39 | 55,143.23 |
| 61,197.03 | |
| 61,958.29 | |
| 72,286.06 | |
| $ 712,663 | $ 558,667 |
SBA LOAN
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.
THE NUMBERS
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.
PRIVATE LISTING
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.
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Facilities
Highlights
- Super Low Rent
- Nice North Scottsdale Neighborhood
- #12 Liquor License
- Open only Dinners 6 Nights a Week Except Sat.
- Good looking restaurant
- Kitchen Trained to Make Thai Food
- Good sales growth
- Great Landlord - Very Supportive
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 23,930 | 116,776 |
| Households | 3-mi. | 5-mi |
| 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 |
| Businesses | 3-mi. | 5-mi |
| 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 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.