Established in 2007, this popular and well-regarded Thai Restaurant for Sale serves authentic cuisine to a loyal customer base in Charlottesville's vibrant Belmont neighborhood. Located on a major thoroughfare leading into the city, the restaurant benefits from high visibility, easy access, and ample parking - making it a convenient location for locals and tourists alike.
Currently operating just five days a week and utilizing only a fraction of its full capacity, this Restaurant for Sale presents a fantastic growth opportunity. With minimal advertising and limited hours, there's substantial potential for a new owner to boost revenue by expanding operating hours, enhancing marketing efforts, and adding takeout, delivery, or third party platforms.
Priced to sell at $119,000, this 1,750 square foot space features:
Seating for over 50 guests
A well-equipped bar with dual Kegerators and nine taps
A spacious kitchen adaptable to various cuisine types
A charming patio ready for outdoor dining
In 2024, the restaurant generated $139,000 in revenue, operating on a part-time schedule. Rent is a very reasonable $2,705/month, including CAMS and property taxes - a rare find in such a prime, growing location.
Charlottesville, home to the University of Virginia and nestled in the scenic Blue Ridge Mountains, boasts an affluent, educated, and diverse population. This restaurant is well-positioned to benefit from local demographics and year-round tourism.
Thai cuisine remains one of the top 20 most popular ethnic foods in the U.S., and this restaurant's flavorful menu - featuring spicy curries, stir-fries, and refreshing salads - has strong customer appeal. However, the space and equipment are versatile enough to support any concept a new owner envisions.
Don't miss this turnkey opportunity! Contact the Restaurant Brokers at We Sell Restaurants to learn more. Lending partners are available to help qualified buyers finance their purchase.
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