Hot Listing
$80K Price Drop Fully Equipped Restaurant Low Lease High Traffic
Business Description
$400,000 every year, and, in 2023, did very close to $500,000.
Fully equipped restaurant with all the amenities. Established high traffic location that figures stay high traffic for the foreseeable future. To dive into all the amenities means with this restaurant, you get several type 1 hood systems, a walk-in refrigerator, a walk-in freezer, a big kitchen, lots of storage, and a picture-perfect dining area that seats 75.
Yes, there is 2500 square footage for you to wine, dine, and make money. Currently, Asian fusion cuisine is proudly served here, and to give you an idea as to how much of this Asian fusion food is served here, this restaurant consistently does well over $400,000 every year, and, in 2023, did very close to $500,000.
The seller is even willing to pass on her money recipes to you the new owner. (meaning more value for the purchase price) Yes, this is turnkey if you keep the same food concept.
This fully equipped kitchen allows you to diversify and implement your own good ideas and recipes. But hey, why not learn the top money-making dishes served here so you can keep and build upon the already strong customer base?
The monthly lease here is also quite low and tasty at only $2,575 per month. Lots of life left on it too. Other tidbits for you to enjoy about this restaurant are there is a huge walk-in customer base, has a small, shared parking lot, but lots of NON metered free street parking. Lunch and weekend sales are the busiest times.
Current owner has NO website and NO social media presence and does NO other advertising or marketing. This means the upside sales potential here is really strong and tangible. Seller has health concerns so all reasonable offers will be considered.
Yes, there is 2500 square footage for you to wine, dine, and make money. Currently, Asian fusion cuisine is proudly served here, and to give you an idea as to how much of this Asian fusion food is served here, this restaurant consistently does well over $400,000 every year, and, in 2023, did very close to $500,000.
The seller is even willing to pass on her money recipes to you the new owner. (meaning more value for the purchase price) Yes, this is turnkey if you keep the same food concept.
This fully equipped kitchen allows you to diversify and implement your own good ideas and recipes. But hey, why not learn the top money-making dishes served here so you can keep and build upon the already strong customer base?
The monthly lease here is also quite low and tasty at only $2,575 per month. Lots of life left on it too. Other tidbits for you to enjoy about this restaurant are there is a huge walk-in customer base, has a small, shared parking lot, but lots of NON metered free street parking. Lunch and weekend sales are the busiest times.
Current owner has NO website and NO social media presence and does NO other advertising or marketing. This means the upside sales potential here is really strong and tangible. Seller has health concerns so all reasonable offers will be considered.
About the Business
- Years in Operation
- 9
- Number of Employees
- 8
- Facilities & Assets
- Monthly lease is $2,575 and current lease expires November 2028. There is an option to renew. The size is 2500 square feet with a seating capacity of 75. Has a type 1 hood system and walk-in refrigeration. Plenty of free parking available. All the equipment is owned except the dishwasher.
- Market Outlook / Competition
- There is strong consistent sales at this restaurant year after year from 2016 when current owner took over. It should be noted these great sales are because of great food and service. Seller willing to train new owner on recipes. Currently there is no alcohol sales here, there is also no attempts to market or advertise. This Asian fusion cuisine restaurant is in a great high traffic location with no similar food competition near by. So with a website and some social media presence the sales here could hit an even higher level.
- Opportunities for Growth
- There is strong consistent sales at this restaurant year after year from 2016 when current owner took over. It should be noted these great sales are because of great food and service. Seller willing to train new owner on recipes. Currently there is no alcohol sales here, there is also no attempts to market or advertise. This Asian fusion cuisine restaurant is in a great high traffic location with no similar food competition near by. So with a website and some social media presence the sales here could hit an even higher level.
About the Sale
- Seller Motivation
- Seller has health concerns that are forcing her to sell
- Transition Support
- Seller willing to train buyer on all aspects of business to include her successful recipes
- Financing Options
- With at least 50% cash down no exceptions, seller financing is case by case basis
Listing Info
- ID
- 2319694
- Listing Views
- 2034
Listing ID: 2319694 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Similar Listings
