Last Revised: 9/4/19. Posting #: 255023
Key Words: asian, thai, san jose, santa clara
Financial Info: Price: $179,000. Down: Call. Adjusted Net: Call. Annual Revenues: $574,124. The rent is quite low compared to the sales at only $3,700/month (no NNN). For the first 6 months of 2019, sales averaged $47,843/month.
Profile: This is a fabulous opportunity to purchase an established profitable Thai restaurant in a prime corner location in downtown San Jose. The restaurant is within walking distance to the Convention Center, Movie Theaters, high rise residential (new) and high rise office buildings and governmental buildings. Super prime location. The restaurant opened 2011 and the current owner is selling so she can move back to Thailand.
The rent is quite low compared to the sales at only $3,700/month (no NNN). Landlord is local.
For the first 6 months of 2019, sales averaged $47,843/month. Well trained employees. Voted Best Thai Restaurant in Silicon Valley in 2019 by Metro Silicon Valley. High Yelp ratings.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: J. Back & Associates Restaurant Real Estate was founded in 1988 as the first bay area real estate company to specialize exclusively in restaurant real estate. I am the past President of Charley Browns restaurants and have been involved in the restaurant business for over 35 years.
Key Words: jeff back, j. back & associates - restaurant sales, restaurant, restaurant broker, fast food, hamburger, bar, quick service restaurant, pizza, gastro pub, pub, thai, mexican, hayward, alameda, san ramon, constra costa, san jose, santa clara, oakland, dublin, lafayette
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Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Determining a reasonable deposit and appropriate timeline for the various steps involved in a small business transaction can ultimately have a large impact on the sale of a business. BizBenNetwork Manager Jordan Green explains the important role that deposits play in a business’s sale.
Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
Profile: BizBenNetwork Senior Facilitator Manager Jordan Green discusses the preparation that is needed by business owner/sellers to ensure a successful sale of their business. Jordan also shares tips to help sellers minimize the risk of ruining potential deals and hurting the value of their business.
Key Words: selling your business, sellers, business owner seller, sell a business, confidentiality, training, jordan green
Profile: In a case study involving hundreds of business buyers, owner/sellers, and business brokers, BizBenNetwork Founder Peter Siegel, MBA and BizBenNetwork Facilitator Manager Jordan Green's research determined the most effective strategies for successfully advertising a business for sale posting online.
Key Words: business for sale, business wanted, for sale, wanted to buy, buy a business, buying a business, sell a business, selling a business, business for sale, advertising, advertise, posting, postings, business broker, brokers, business brokers, broker, agent, agents, jordan green
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Profile: BizBenNetwork Manager Jordan Green explains the importance of keeping the potential sale of a business confidential and provides business owners with helpful ways to successfully keep their business’s sale a secret, as well as the consequences for disclosing a business’s sale prematurely.
Key Words: confidential, confidentiality, selling a business, non-disclosure agreement, business owner, owner/seller, owner seller, seller, qualified buyer, business broker, business brokers, nda, jordan green
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