Thai Restaurant for Sale in Sarasota

Listing #95107597 Asking: $295,000 Owner Benefit: $287,000

Popular Thai restaurant located on busy main highway close to Siesta Key in a highly visible retail strip center with daily traffic of 60,000. 10th year of operation with sales of $1,000,000 approx. in 2019 and 2020. Despite closing dine-in for 6 months due to Covid sales were only minimally impacted and restaurant has seen robust growth in revenue since the dining room was reopened in September with record sales in December 2020. The 2700 SF restaurant seats 85 in custom wood booths in one of two dining rooms with imported Thai décor throughout. Kitchen was rebuilt in 2013 with all new plumbing, electrical and 16' exhaust hood. Large walk in cooler installed in 2018 and engineered $50,000 HVAC in 2020. The location benefits from favorable demographics within 3 miles of the location with above average residential income for the County. The business enjoys a regular loyal clientele and seasonal customers in winter months. An additional 1500 SF space adjacent is available if the buyer wishes to expand the business. Call the broker for a viewing.

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