Asian Themed Restaurant and Bar

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Asking Price:
$45,000

Gross Revenue:
$350,000
Cash Flow:
$35,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$55,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Asian Themed Restaurant And Bar.
Located in the Heart of Hampton Roads
Dense Commercial and Residential Surroundings.
Established in 1999 | Recognized Local Brand.

Purchase this profitable Asian themed restaurant located in the heart of Hampton Roads. That’s just a few minutes from the interstate, military concentration, Hospitals, popular shopping district and the densely populated downtown area. With a recognizable service and 2,200 SF strip center space, one of Hampton Road's original asian-themed restaurant/bar establishments is ideally located near near a HIGH-TRAFFIC. This Restaurant offers Asian themed food items to eat in or take on the go, as well as a stocked bar for patrons to enjoy a beverage with their meals or unwinding with an ice cold drink after a long day. This Space benefits from a steady flow of local residents, commuters, students and other patrons. Given the dense surrounding of residences and commercial strip centers as well as professional offices, this is a versatile well-located business with lots of potential. Rent is $5,200 per month with a lease good through September 2016 with an additional Five (5) Year option to follow. This is perfect small investment or ideal opportunity for a restauranteur looking to break into the popular Hampton Roads food industry with a recognizable and pre-established business with pre-existing system and client base. Don’t let this opportunity pass by without finding out more.

Contact Fouad Mohit for information:
Cell: (757) 237-2301)
eMail: fouad@SunbeltNetwork.com

About the Business

Year Established:
1999
Number of Employees:
3 Full-Time
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About the Sale

Reason For Selling:
To pursue other business interests.
Training/Support:
Seller will provide training during transition.

Listing Info

ID:
1269608
Ad Detail Views:
346

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$
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Business Listed by

Fouad Mohit

Sunbelt Business Brokers of Hampton Road

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Sponsoring Broker:

SUNBELT HRVA
Sunbelt Business Brokers of Hampton Road

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Source: American Community Survey (2010-2014), United States Census Bureau.

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