Long Time Asian/American Food Restaurant

Asking Price$250,000

Cash Flow
$75,000

EBITDA$75,000

Gross Revenue$1,288,526

Inventory$15,000
Included in asking price
FF&E$150,000
Included in asking price
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Long Time Asian/American Food Restaurant


Asking Price$250,000

Cash Flow
$75,000

EBITDA$75,000

Gross Revenue$1,288,526

Inventory$15,000
Included in asking price
FF&E$150,000
Included in asking price
Business Description
This business has occupied this space for over 20 years and provides a very pleasing and calming atmosphere.
Coupled with fine food and a wonderful view this restaurant provides an experience that is unmatched in the city.
The business features a full service bar, a large banquet facility and a dining area that overlooks a small stream running through the landscaped court yard and a full line kitchen.
The food is a variety of Asian and American cuisine that provides a wonderful meal for all food tastes.
The dining area well maintained with pleasing appointments with seating in large booths or tables and chairs.
The dining room and banquet room combined seat over 350 customers.
About the Business
Years in Operation
30
Facilities & Assets
The business occupies an 8,000 sg ft area with a full kitchen, banquet room, full bar and dining area.
The facility has excellent visibility, easy access and parking.
The fully equipped kitchen features a 24 ft hood, Hobart mixer, grills, rice makers, walk in cooler and freezer as well a complete line of kitchen ware to operate the business.
The sale price includes all of the small ware and table ware.
Market Outlook / Competition
There are other Asian Restaurants in the area but none that offer the fine food and dining experience that his restaurant offers
Opportunities for Growth
The business opportunities for growth are expanding the bar and bar hours and expanding the usage of the banquet room to more clubs and events.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
8,000
Rent
$8,500.00 per month
Lease Expiration
12/30/2025
About the Sale
Seller Motivation
Retiring
Transition Support
Owner will train and there is a trained manager available for training as well.
Financing Options
Seller prefers cash
Listing Info
ID
2306590
Listing Views
575

Contact Seller

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Business Listed by: Gary L. Weston Coldwell Banker Commercial- Mountain West Real Estate Business Sales

Listing ID: 2306590 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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