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$ 229,000
Est. payment /mo
Active
39 King Street Saint John, NB E2L4W3
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB102744
Originating Board New Brunswick Real Estate Board
Property Description
An exceptional opportunity to acquire two successful Thai Express franchise restaurants in Saint John (the other location under MLS® #:NB 102741). Each location operates independently with separate companies managing the operations, and both are available for individual purchase. Currently the two locations employ approximately six employees, a mix of full-time and part-time staff. The east side location boasts a seating capacity of 48. The franchise terms, initiated in 2018, are structured as 5 + 5 + 5 years and are renewable. Prospective buyers or business partners must be proficient in English and will be required to complete mandatory training provided by Thai Express. Over $400,000 has been invested in extensive renovations to both storefronts, creating modern and appealing dining environments. The current owner is shifting business focus and is offering these thriving locations to the right buyer who can continue to uphold the high standards of service and quality that Thai Express is known for. This is a fantastic chance to step into a turnkey operation with established profitability and a strong customer base. The seller requires NDA signed before releasing the detailed numbers. (id:24570)
Location
State NB
Interior
Cooling Central air conditioning
Exterior
Garage No
View Y/N No
Private Pool No