$90,000
Basil Thai
Details
Property Type Retail
Sub Type Restaurant
Square Footage 993
NOI $50,000
Lease Expiration 06/30/2027
Lease Options One (1) additional 5-year option
Year Built 2001
Retail | 993 SqFt
Marketing description
Established Thai cuisine restaurant located in Arcadia, CA. This turnkey business includes all equipment, fixtures, furniture and goodwill. The restaurant has been operating since 2001 and generates approximately $250,000 in annual gross revenue with an estimated net income of $50,000. The business offers dine-in, takeout and delivery services with a beer and wine license. Thai food training is available for the new owner. The space is 993 SF with ample on-site parking and tenant pays utilities. Current lease runs through June 30, 2027 with one additional 5-year renewal option available.
Investment highlights
- Business Type: Thai Cuisine
- Established: 2001
- Annual Gross Revenue: ~$250,000
- Estimated Net Income: ~$50,000
- Asking Price: $90,000
- License: Beer & Wine
- Service Type: Dine-In, Takeout & Delivery
- Training: Thai food training available
- Includes: Equipment, fixtures, furniture & goodwill
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Loan Amount
$0.00
Annual Debt Service
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$--
Annual Cash Flow
$50,000.00
$4,166.67/mo
Valuation Metrics
0
DSCR
55.56%
Cap Rate
55.56%
ROI
Map
Zoning
DMU MixedMixed UseDowntown Mixed Use Zone
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