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Retail properties & Spaces

0 Sushi - Thai Restaurant For Sale In Plantation-Profitable And Sba Available Plantation, FL 33324

2,510 SF Built 2021
Property ID
Property summary
AI-generated overview

This thriving Plantation, Florida restaurant presents a remarkable investment opportunity. Boasting 2,510 square feet of space in a new strip center, this established eatery generated $1,738,079 in sales in 2023, netting the owner $180,160. Consistent profitability is evident, with similar sales and earnings reported in 2022 and projected for 2024. The business model is well-rounded, with 60% dine-in, 30% pick-up, and 10% delivery services through Uber Eats and DoorDash. The fully equipped kitchen features high-end commercial appliances, including a 20-foot exhaust hood, inground grease trap, three six-burner ovens, char-broiler, two fryers, and a two-station wok cooker, along with ample refrigeration. The restaurant comfortably seats 87 guests indoors and an additional 8 on a patio. A strong customer base and positive sales trends, coupled with a favorable demographic profile (394,910 residents within a five-mile radius, average household income exceeding $91,000), contribute to the business's success. The lease, expiring March 4, 2030, includes two five-year options and a monthly rent of $22,390, encompassing all CAMs and taxes. The asking price is $399,000, and SBA financing is available. The current concept is easily adaptable, allowing for a seamless transition to a different culinary theme. The restaurant is fully staffed with 15 employees, and the seller provides two weeks of training at no cost. This turnkey operation offers a compelling opportunity for a passionate restaurateur or investor seeking a profitable and established business. Over 1,400 new residential units are planned for the area within the next three years, promising continued growth potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2021
Total area 2,510 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
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Zoning & alternative use
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Permitted uses
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