Casual Thai restaurant on Ventura Blvd in Encino
Business Description
This established Thai restaurant presents an exceptional acquisition opportunity on the prestigious Ventura Boulevard in Encino. The business operates from a strategically positioned 2,000-square-foot facility with 50 indoor seats and 26 outdoor dining spaces, totaling 76 seats to optimize revenue.
The property benefits from prime street-facing visibility on Ventura Boulevard, ensuring maximum exposure to high-traffic pedestrian and vehicular flow. The facility features an open kitchen design equipped with an 11-foot commercial hood system, meeting professional culinary operation standards. The location offers convenient underground parking within the plaza, improving customer accessibility.
Operational Infrastructure:
- Total seating capacity: 76 seats (50 indoor, 26 outdoor)
- Commercial kitchen with 11-foot hood ventilation system
- Open kitchen layout promoting operational efficiency
- Prime Ventura Boulevard frontage location
- Underground parking facility access
Lease Terms:
- Monthly rent: $10,168.80
- Current lease term through September 30, 2027
- Five-year renewal option available
- Favorable long-term occupancy security
This turnkey operation offers a solid investment opportunity in the established Thai cuisine market. The current ownership transition is driven by retirement planning, indicating a stable business foundation and readiness for new management. The combination of prime location, substantial seating capacity, professional kitchen infrastructure, and secure lease terms positions this establishment for continued success under new ownership.
The restaurant's Ventura Boulevard location places it in a high-traffic area known for dining, providing access to both local clientele and destination diners seeking authentic Thai cuisine.
The property benefits from prime street-facing visibility on Ventura Boulevard, ensuring maximum exposure to high-traffic pedestrian and vehicular flow. The facility features an open kitchen design equipped with an 11-foot commercial hood system, meeting professional culinary operation standards. The location offers convenient underground parking within the plaza, improving customer accessibility.
Operational Infrastructure:
- Total seating capacity: 76 seats (50 indoor, 26 outdoor)
- Commercial kitchen with 11-foot hood ventilation system
- Open kitchen layout promoting operational efficiency
- Prime Ventura Boulevard frontage location
- Underground parking facility access
Lease Terms:
- Monthly rent: $10,168.80
- Current lease term through September 30, 2027
- Five-year renewal option available
- Favorable long-term occupancy security
This turnkey operation offers a solid investment opportunity in the established Thai cuisine market. The current ownership transition is driven by retirement planning, indicating a stable business foundation and readiness for new management. The combination of prime location, substantial seating capacity, professional kitchen infrastructure, and secure lease terms positions this establishment for continued success under new ownership.
The restaurant's Ventura Boulevard location places it in a high-traffic area known for dining, providing access to both local clientele and destination diners seeking authentic Thai cuisine.
About the Business
- Employees
- 10 (5 Full-time, 5 Part-time)
- Facilities & Assets
- Fully equipped kitchen with 11' Hood.
About the Sale
- Seller Motivation
- Due to owner's age , the owner wants to retire.
- Transition Support
- Yes.
Listing Info
- ID
- 2469559
- Listing Views
Listing ID: 2469559 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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