Thai and sushi restaurant for sales w/ Full bar liquor license.
Business Description
Restaurant name: Jasmine Thai Margate
Address: 1785 FL-7, Margate, FL 33063
Rent: $15,000 (CAM included) negotiable
Lease: 5+ 5,+5 years optional 3%
Size: 4,203
Reason for retired
Seller financing: no
Buy50 % Shareholder: yes
E-2 Investor qualify: Yes
Beer and Wine License: yes
Full bar Liquor License: yes
Lease to own option: Yes
Seat:157
Profitable projection Annual Overview
Gross Sales $1,800,000
Rent $180,000
COGS $640,000
Payroll $460,000
Other overheads $50,000
Net Income $470,000
CAP Rate of Return on Investment: 80%
Address: 1785 FL-7, Margate, FL 33063
Rent: $15,000 (CAM included) negotiable
Lease: 5+ 5,+5 years optional 3%
Size: 4,203
Reason for retired
Seller financing: no
Buy50 % Shareholder: yes
E-2 Investor qualify: Yes
Beer and Wine License: yes
Full bar Liquor License: yes
Lease to own option: Yes
Seat:157
Profitable projection Annual Overview
Gross Sales $1,800,000
Rent $180,000
COGS $640,000
Payroll $460,000
Other overheads $50,000
Net Income $470,000
CAP Rate of Return on Investment: 80%
About the Business
- Years in Operation
- 15
- Employees
- 5
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,203
- Rent
- $15,000.00 per month
- Lease Expiration
- 12/9/2035
About the Sale
- Seller Motivation
- retired
- Transition Support
- 2-4 weeks
Listing Info
- ID
- 2341908
- Listing Views
- 518
Business Location
Listing ID: 2341908 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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