Hot Listing

Low rent Asian food restaurant locates in busy commercial area

Asking Price$120,000

Cash Flow
$62,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$624,000

InventoryNot Disclosed

FF&E$200,000
Included in asking price
listing imageSave
Hot Listing

Low rent Asian food restaurant locates in busy commercial area


Asking Price$120,000

Cash Flow
$62,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$624,000

InventoryNot Disclosed

FF&E$200,000
Included in asking price
Business Description
The restaurant has been in successful operation for 12 years, locates in a very busy residential and commercial mixture area, tons of stable customers, the owner upgraded the major FFEs in the last three years, so the current condition of the restaurant is excellent. Rent is much lower comparing to the local market rate.
About the Business
Years in Operation
12
Employees
6
Facilities & Assets
Upgraded kitchen, new HVAC system, and the owner just replace a walk-in freezer last month.
Market Outlook / Competition
So far there is no competitor in the area
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,800
Rent
$5,300.00 per month
Lease Expiration
4/30/2029
About the Sale
Seller Motivation
Retirement
Listing Info
ID
2340104
Listing Views
1599

Contact Seller

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Business Listed by: Fei Wang CapStar Commercial Realty

Listing ID: 2340104 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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