Established Restaurant & Martini Bar ~ Business $400,000
Business Description
Turnkey Rare Modern Freestand Building ~ Real Estate $1,800,000
For clarity, the purchase breakdown is $400,000 for the turnkey restaurant operation and the almost new free standing commercial building is $1,800,000 for the real estate for a total acquisition purchase price of $2,200,000. Owner financing is available for qualified buyers. Keep the Asian fusion concept or make it your own.
The $2,200,000 offering includes the real estate, all FF&E, liquor license, goodwill, recipes, systems, and optional rights to continue operating under the established Thai, Vietnamese French cuisine brand which was originally established in 2015 with its highly successful flagship location in Evergreen Park, this prime Westchester venue represents the brand's premier second location featuring an upscale modern build-out. If an "Asian-fusion concept" is not what you are looking for this versatile freestanding building is optimized for any culinary concept and this location holds an active, standing food and liquor license with the Village of Westchester so there is flexibility to continue the thriving existing brand or transition the venue into a brand-new concept utilizing a location that the town has already approved, recognizes and supports for liquor sales.
The commercial building was built in 2021 and is a 3,500 sq ft free stand-alone building with an approximate 11,000 sq ft parking lot with 25 parking spaces, two outdoor patios and and sits on a prime Roosevelt Road corridor with exceptional visibility and exposure.
Key Highlights:
~ High-end commercial kitchen
~ The design layout supports strong dine-in traffic, private parties and premium customer experience.
~ Newer Construction (Built in 2021) ~ no major capital expense expected
~ Property taxes: $23,762.73
~ Apx 3,500 sq ft ~ Apx 11,000 sq ft lot ~ Seating capacity approximately 120 (100 indoor / 20 patio)
~ 2 outdoor patios for seasonal dining
~ 25 parking spaces, plus street parking
~ Fully equipped modern, high-quality commercial kitchen equipment
~ Prime Roosevelt Road location with exceptional visibility and exposure
~ Established multi-location brand since 2015 with optional rights to continue operating under the existing name or create your own concept
~ Established customer base with documented operating history
Serious buyers only ~ Upon Submitting an offer Proof of Funds/Pre-approval requested ~ Financials and additional operational details available upon execution of confidentiality agreement ~ Walk-in as a customer or call for private showings - Do Not approach or discuss sale with any employees
~ No sight-unseen offers
~ LOI's will be reviewed as received. Property will continue showings and marketing through LOI stage
~ Earnest money of 2% within 2 business days of signed purchase contract
The $2,200,000 offering includes the real estate, all FF&E, liquor license, goodwill, recipes, systems, and optional rights to continue operating under the established Thai, Vietnamese French cuisine brand which was originally established in 2015 with its highly successful flagship location in Evergreen Park, this prime Westchester venue represents the brand's premier second location featuring an upscale modern build-out. If an "Asian-fusion concept" is not what you are looking for this versatile freestanding building is optimized for any culinary concept and this location holds an active, standing food and liquor license with the Village of Westchester so there is flexibility to continue the thriving existing brand or transition the venue into a brand-new concept utilizing a location that the town has already approved, recognizes and supports for liquor sales.
The commercial building was built in 2021 and is a 3,500 sq ft free stand-alone building with an approximate 11,000 sq ft parking lot with 25 parking spaces, two outdoor patios and and sits on a prime Roosevelt Road corridor with exceptional visibility and exposure.
Key Highlights:
~ High-end commercial kitchen
~ The design layout supports strong dine-in traffic, private parties and premium customer experience.
~ Newer Construction (Built in 2021) ~ no major capital expense expected
~ Property taxes: $23,762.73
~ Apx 3,500 sq ft ~ Apx 11,000 sq ft lot ~ Seating capacity approximately 120 (100 indoor / 20 patio)
~ 2 outdoor patios for seasonal dining
~ 25 parking spaces, plus street parking
~ Fully equipped modern, high-quality commercial kitchen equipment
~ Prime Roosevelt Road location with exceptional visibility and exposure
~ Established multi-location brand since 2015 with optional rights to continue operating under the existing name or create your own concept
~ Established customer base with documented operating history
Serious buyers only ~ Upon Submitting an offer Proof of Funds/Pre-approval requested ~ Financials and additional operational details available upon execution of confidentiality agreement ~ Walk-in as a customer or call for private showings - Do Not approach or discuss sale with any employees
~ No sight-unseen offers
~ LOI's will be reviewed as received. Property will continue showings and marketing through LOI stage
~ Earnest money of 2% within 2 business days of signed purchase contract
About the Business
- Years in Operation
- 5
- Employees
- 10 Full-time
Some employees may stay and some possibly transfering to the sister locations - Currently Home Based
- Yes
- Facilities & Assets
- Turnkey and ready to continue operations on day-one and includes all furniture, fixtures, equipment, tables, chairs, bar setup, high-end commercial kitchen equipment "Hood, stoves, ovens, built-ins, bar, glassware/smallwares (All the essentials to get you up and running) ~ Detailed list will be provided and to be re-verified by buyer and/or buyer's broker
- Website
- https://www.thithirestaurant.com/westchester
- Market Outlook / Competition
- This is a stand alone one of a kind restaurant with little competition and in a prime location situated along a high-traffic Roosevelt Road corridor in Westchester and supported by strong surrounding residential neighborhoods, repeat local dining traffic, and convenient regional access from nearby western suburbs.
- Opportunities for Growth
- Seller is open to granting continued use with this "Plug and Play" established Thi Thi's name, food and drink menu concept or if you have been dreaming about "Italian, Mediterranean, steakhouse or a casual bar/restaurant with this modern build-out, efficient kitchen design and strong surrounding demographics, the space is well positioned to suceed under multiple concepts.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,500
About the Sale
- Seller Motivation
- Seller is expanding into a third location and streamlining operations closer to
- Transition Support
- Owner can stay up to 2 months to ensure a smooth transition of the expansive food and drink menu ~ compensation is negotiable and written up separately. Owner
- Financing Options
- Owner may consider owner financing with an acceptable down payment & credit score
Listing Info
- ID
- 2494828
- Listing Views
- 646
Attached DocumentsAttachment Disclaimer
Profit and Loss Statement 2025 - THITHI RESTAURANT IN WESTCHESTER INC.docx
Listing ID: 2494828 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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