Lake Worth Asian Restaurant for Sale Keep or Convert!

Asking Price$125,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$350,000

InventoryNot Disclosed

FF&ENot Disclosed

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Lake Worth Asian Restaurant for Sale Keep or Convert!


Asking Price$125,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$350,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Lake Worth Asian Restaurant for Sale Keep or Convert!
Asian Restaurant for Sale in Lake Worth, Florida is ready for a new owner. Located in busy shopping center with attractive lease terms. Continue the current Vietnamese concept or convert to your own. Serious Offers will Be Considered.
The Asian Restaurant for Sale is fully equipped. The kitchen features an eight-foot exhaust hood and an inground grease trap. The cooking equipment includes a char broiler, six-eye burner, and fryer. The refrigeration is plentiful. Everything you will need to continue and grow this successful business or convert to your concept. This space is perfect for almost any concept, but breakfast and lunch will not be permitted.
The restaurant is housed in 1,700 square feet of space. The restaurant seats twenty-three guests inside and another four just outside the front door. The seating is comfortable with a mix of tables and high tops. More than 70,000 vehicles pass by the shopping center daily. The three-mile radius population is117,018 and the average household income for the same area is$74,849. The monthly rent is just $4,776 per month including all CAM and trash. The long-term lease expires on June 30, 2030. There is a five-year option attached for your long-term security. The Restaurant Brokers at We Sell Restaurants will help you navigate the leasing process all at no cost to you!
The Restaurant for Sale has been open for 18 months. Due to a partner dispute the restaurant is being put up for sale. The current concept is Vietnamese. You can keep this concept or convert to your own. The restaurant is open six days per week, closed on Tuesday. The restaurant is open from 11 am - 8 pm every day but Tuesday. The restaurant does about $1,000 per day in sales. One of the owners handles the cooking and there are two employees who work the front of house.
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About the Business
Years in Operation
1
Facilities & Assets
2 outside tables
4 outside chairs
2 high top tables
4 stools
6 tables
18 chairs
single door beverage cooler
toast POS
two hotel pan steam table
5 prep tables
2 residential coolers
small ice machine
blender
six eye burner
3 fryers
char broiler
2 two door sandwich coolers
2 microwaves
2 rice cookers
residential freezer
2 utility carts
two door stand up freezer
two door stand up cooler
SS shelving
assorted pots pans utensils
slicer
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Asian restaurant in very busy and popular shopping center
Opportunities for Growth
This restaurant has no marketing, limited social media and internet presence.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,700
Rent
$4,776.00 per month
Lease Expiration
6/30/2030
About the Sale
Seller Motivation
Personal
Transition Support
Seller will provide two weeks of training at no cost
Listing Info
ID
2393634
Listing Views
254

Contact Seller

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Business Listed by: Ken Eisenband We Sell Restaurants

Listing ID: 2393634 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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