Very Profitable Asian Restaurant in Fairfield County, CT. Price just reduced!
| Asking Price: | $850,000 | Inventory: | $10,000 ++ |
| Gross Revenue: | $1,800,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $400,000 (comments below) | FF&E: | $400,000 ++ |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: projected for 2008 calendar |
| Cash Flow Comments: projected for 2008 |
Unique growing business that has progressed since the day it opened in 2003. In it's 6th year the business has a very nice balance of eat-in, pick-up, delivery and catering. This restaurant is a favorite in an upscale community. They draw patronage from surrounding towns within a twenty mile radius. Asian food at it's best! Zagat rated Excellent! The facility was built out in 2003.....all new! Then expanded in 2006 to 45 interior seats. Weather permitting there is an outdoor patio that seats 25. There is a plan for an additional exterior deck in the spring to expand the outdoor seating capacity. Spring, summer and early fall dining could be in the 100+ range! This 2,300 square feet facility is well designed from the storage areas, to the prep area, to the kitchen, to the dining room and the wait staff areas. Every square inch is utilized and properly designed. No wasted rental space! If you are looking for a restaurant that is a money maker....you just found it! Nearly a million dollar buildout with almost two million dollars in business can be yours for $1MM!
About the Business
Year Established:2003
Employees:12 full time - 6 part time
Relocatable:Yes
Facilities:2300 well designed sq. ft. New buildout in 2003. Added to in 2006. All high end equipment. Very well designed space. Every sq. ft. used. 45 interior diner seats with 25+ exterior patio seats weather permitting. Located on very high traffic road in high end town. Plenty of parking right outside the front door. Everything in facility like new!
Market Outlook and Competition:Excellent....recession proof....no real competition. No one else Zagat rated excellent.
About the Sale
Reason For Selling:owners splitting up
Seller Financing:may be available depending on buyer and overall terms
KEYWORDS: Asian food, asian restaurant, profitable, connecticut, established, great location, high revenues, high profits, delivery, catering, pick up, inexpensive food, zagated rated, excellent
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