Busy and Profitable Asian Restaurant for Sale in the NW Suburbs of MN!

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Asking Price:
$220,000

Gross Revenue:
$463,008
Cash Flow:
$74,677
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Buy this profitable Asian restaurant for sale in the northwest suburbs of Minneapolis!
This 1850 square foot Asian Restaurant for sale is in the perfect location! This high traffic location is surrounded by offices and retail shopping, which drives a strong and solid lunch business! This restaurant for sale has been successful in this location for the last 15 years, with the present owners running it for the last 5 years.
This Asian restaurant for sale, offered by We Sell Restaurants, is in a great neighborhood, surrounded by banks, retail stores, both single and multifamily homes, and senior housing apartments. The area is very accessible by major roads and Interstate 94. This high traffic location is in a strip center with another successful restaurant, a fitness center, salon, doctors office, bank, pharmacy, and a senior living apartment complex. The NW suburbs where this Asian Restaurant for sale is located is known for its great schools, and shopping.
This easy to operate Asian Restaurant for sale has annual sales of over $460,000, a competitive lease of $3,210, per month including CAM fees. These all help to make this a very profitable restaurant for sale year after year. Seller discretionary earnings of over $74,000, per year! This is a long-standing and successful restaurant and is ready for you to take it over and take it to the next level. The busy NW Minneapolis location is ideal!
This fully equipped commercial kitchen includes a 20-foot hood system, 4 woks, fryers, stove, single door freezer, double door freezer, sandwich cooler, microwave, food warmers, and a walk-in cooler. The front of the house is nicely decorated and has seating for up to 50 people! You could add a beer and wine license to this Asian Restaurant for sale for an additional source of revenue! This won't last, so bring us your offers today!

About the Business

Location:
Rogers, Minnesota
Year Established:
2003
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
1,850
Rent:
$3,200.50 Per Month
Lease Expiration:
8/31/2023
Facilities:
12 shelves 4 carts 3 standers 2 high chairs Coca Cola Machines belongs to Coca Cola Salesmen will come and bring in soda 18 tables 50 chairs 1 fax printer machine cash register counter 2 trash bins in bathrooms 1 ladder 4 working tables 8 tea pots 1 blender 1 grinder 2 phones lines 3 fire extinguishers health department checks 1 ice machine 1 single door freezer 1 two doors freezer 1 single door walkin cooler 1 two doors cooler 4 containers u 1 food storing cart 1 canned food cart 1 meat cutter 2 shelves in food pack 1 sandwich cooler 2 food warmer 4 woks 1 microwaves all plates all tea cups all cups 2 exhaust fans 4 short stainless steel wall shelves 2 long stainless steel wall shelves 1 utensil bin basket 1 upright utensil containers Phone Number
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Growing NW Suburbs of Minneapolis - long established profitable restaurant
Growth & Expansion:
Busy shopping center with easy access to 94 and the busy NW suburbs
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About the Sale

Reason For Selling:
New Career
Training/Support:
Negotiable

Listing Info

ID:
1543869
Ad Detail Views:
2973

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Business Listed by

Scott Ruby

We Sell Restaurants
License# 40518683

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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