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    66 E Herndon Avenue

    Fresno, CA 93720
    • $80,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 545311
    Price Reduced
    UPDATED: 61 min ago
    $80,000
    • 0
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,376
      SQFT
    • $58
      $/SQFT
    Neighborhood:
    720
    Type:
    Business Opportunity
    Built:
    1978
    County:
    Area:
    720

    School Ratings & Info

    Description

    Location, location, location! Gem of Thailand is a turn key restaurant business that comes equipped with all furnishings, recipes and appliances. Make your dream of owning a business true today as the owner is now ready to retire after 12 successful years running this restaurant. Totaling just over 20 years long serving the same authentic Thai cuisine in this location, this restaurant has stood the test of time through only 2 owners. Great opportunity for an eager young entrepreneur or seasoned restauranteur to capitalize on an existing reputation while continuing the current business model or making new relationships with food delivery services and expanding the business's current reach. Recipes, cooking equipment, furnishings, appliances and all restaurant equipment included in the sale as well as Corporation, state and local licensing. Building is leased and new owner will assume the lease and common area maintenance. This Thai restaurant serves Thai food and other popular authentic Asian dishes that have kept a loyal customer base. Seller will be considering all offers.

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    © 2020 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-08-08T18:46:50.9.
    www.fresyesrealty.com/homes/108252708
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    66 E Herndon Avenue Fresno, CA 93720

    • Price: $80,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 545311
    0
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,376
    SQFT
    $58
    $/SQFT
    1978
    Built
    Neighborhood:
    720
    County:
    Fresno
    Area:
    720
    Property Description
    Location, location, location! Gem of Thailand is a turn key restaurant business that comes equipped with all furnishings, recipes and appliances. Make your dream of owning a business true today as the owner is now ready to retire after 12 successful years running this restaurant. Totaling just over 20 years long serving the same authentic Thai cuisine in this location, this restaurant has stood the test of time through only 2 owners. Great opportunity for an eager young entrepreneur or seasoned restauranteur to capitalize on an existing reputation while continuing the current business model or making new relationships with food delivery services and expanding the business's current reach. Recipes, cooking equipment, furnishings, appliances and all restaurant equipment included in the sale as well as Corporation, state and local licensing. Building is leased and new owner will assume the lease and common area maintenance. This Thai restaurant serves Thai food and other popular authentic Asian dishes that have kept a loyal customer base. Seller will be considering all offers.
    Exterior Features

    Location Shopping Center Parking Uncovered Parking Spaces 0 Region Urban

    Interior Features

    Facilities RestroomsSignageHandicap Access Full Time Employees 1 - 5 Licenses And Permits Beer & WineProfessionalUse PermitBusiness License

    Property Features

    Business Name Gem Of Thailand Business Type Restaurant Chain No Cross Street Address Blackstone Documents Available Profit & LossLeaseIncome Tax Returns Form Of Ownership Corporation Franchise No Gross Expense 0.00 Gross Sales 249500.00 Included In Sale Assets OnlyBusiness EntityInventoryFixturesEquipmentLicensesPhone SystemSecurity System Lease Information Triple Net Lease Remaining 1 - 2 Years Lease Type Net Lot Measurement Acres Lot Size Source (Other) Net Income 0.00 Property Subtype1 Retail Real Estate Leased Real Estate Included No Reo Or Bank Owned No Source Of Data Tax ReturnsOwnerEstimateProjected Square Footage Source Other Tenant Expenses GasElectricInterior MaintenenceCommon Area Maint. Terms SbaCashOther Transaction Type Sale

    Listing provided courtesy of Derek Black of 3D Realty.


    © 2020 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-08-08T18:46:50.9.
     
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    7785 N. Palm Ave #108
    Fresno CA, 93711