Thai Restaurant - South Orlando

This listing details a well-established Thai restaurant located in South Orlando, renowned for its delicious and high-quality recipes. The business has cultivated a strong customer base and achieved a very appealing adjusted net income, primarily through organic growth channels such as web searches, drive-by traffic, and word-of-mouth, with minimal expenditure on advertising. A unique opportunity is presented for a new owner to rebrand the establishment, as the current name will require a change, while retaining proven recipes, signature dishes, and a highly experienced team of staff. Established in 2012, the restaurant generated $630,000 in gross revenue and reported a total adjusted net income of $236,000. The asking price for this opportunity is $459,000. The premises, spanning 1400 square feet, are leased at a monthly rent of $4,012, with the lease expiring in March 2023 and offering one 5-year option. The sale includes $75,000 worth of equipment and fixtures. The operation is supported by a team of 2 full-time and 3 part-time employees, and the seller is offering a 2-week training period to ensure a smooth transition. The business is being brokered by Ciro 'Vic' Coppola of First Choice Business Brokers.