Asian Restaurant For Sale in Historic Oldtown!

Asking Price$165,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$467,863

InventoryNot Disclosed

FF&ENot Disclosed

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Asian Restaurant For Sale in Historic Oldtown!


Asking Price$165,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$467,863

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Buy this established Asian Restaurant for Sale in Boulder County, Colorado and step into a profitable, turnkey business with more than four decades of history. Established in 1981, this local favorite has built a loyal following with authentic Chinese and Vietnamese cuisine, boba teas, and a full liquor license that transfers to the new owner.

Throughout its history, this Asian Restaurant for Sale has been a cornerstone of the community, serving generations with its delectable cuisine. While recent times saw a shift to takeout and delivery due to the pandemic, the spacious and inviting dining room has untapped potential, offering ample opportunities for revenue growth.

This 2,450 square foot restaurant enjoys outstanding visibility on a charming, walkable main street surrounded by shops, restaurants, and year round community events that drive consistent foot traffic. The spacious dining room seats 40 guests, plus an outdoor patio with seating for eight, creating opportunities to expand dine in business, increase beverage sales, and grow revenue through catering, delivery, and online ordering.

The fully equipped commercial kitchen is built for high volume production with commercial ventilation, refrigeration, ample prep space, and everything needed to continue the current concept or introduce your own Asian inspired menu. Whether you envision sushi, ramen, pho, or a modern fusion concept, this second generation restaurant saves you the significant cost and time of a new build out.

A favorable lease of $8,346 per month, including CAM, is in place through December 2028 with a five year renewal option, providing long term stability. Approximately 12 parking spaces, six trained employees, and an experienced restaurant landlord make for a smooth transition.

The current owners are ready to pass this successful business to its next chapter. Take advantage of an established reputation, prime Boulder County location, and a fully operational restaurant that's ready to generate income from day one.
About the Business
Years in Operation
45
Employees
6 Full-time
Facilities & Assets
Hood 11ft, Hood 7 ft, 2 Reach In Freezer Turbo Air, Reach In Freezer Falcon, 2 Turbo Air Refrigerator, 2 Sandwich Prep, Merchandising Fridge double door, Ice Machine Manitowoc, 4 burner with oven, fryer, Steam table, Wok range 2 burners, Wok range 4 burner, Tandori Grill, 3 compartment sink, food sink, prep tables, 3 Vitamix
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Only Asian restaurant on Main St
Been in business 43 years
Walking traffic is most opportune on weekends only
Opportunities for Growth
Dining seating for 50+ under utilized
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,450
Rent
$8,346 per month
Lease Expiration
12/31/2028
About the Sale
Seller Motivation
Relocation
Transition Support
4 6 weeks
Listing Info
ID
2439518
Listing Views
194

Listing ID: 2439518 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.


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