High Potential Growth Thai Restaurant

Halifax, NS

Asking Price: $433,789 ($600,000 CAD)
Business For Sale Details
Listed on May 23, 2023

Busy family-owned and operated Thai restaurant.
Thai Select awarded by ministry of commercial Thailand
Located in new residential apartments’ developing area.
High potential for double or triple growth.
2,404 sq ft
Parking lot for 40 cars
Rent $6,000 plus CAM charge and GST/HST with remaining 5 years leasing contract
17 tables for 68 seats (15 casino-style boots, 2 dinning tables) plus 3 high stools at liquor bar.
15-ft high ceiling.
Large space restaurant created luxury and comfortable atmosphere for dining-in customer.
Equipped with 4 of 3rd party food delivery services plus 1 owned delivery service.
Revenue : On request
Inventory value: $30,000
Furniture value: $60,000
Equipment value: $ 250,000 includes;
1 unit of Ecologizer hood
1 unit of brand new curry cooler
2 units of brand new fridges
1 unit of fridge
2 units of 2-doors freezers
1 unit of stir fry prep cooler
2 units of stir fry stove with 2 woks
1 unit of independent stove
2 units of fryers
1 unit of 6-burners commercial stoves
fire suppression system and 5 extinguishers, 3-steps commercial dishwasher.
1 unit of meat processing machine
1 unit of RoboCoupe vegetable processing machine
2 units of grease trap
1 unit of Breville coffee brewer machine
Tax clearance certificate will be provided
Asking price $600,000

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Financials (USD)

Asking Price $433,789

Cash Flow Not Disclosed

Sales Not Disclosed

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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