Modern, Upscale Asian Restaurant in North Reading

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Modern, Upscale Asian Restaurant in North Reading
Asking Price:
$400,000

Gross Revenue:
$1,000,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Located in a busy/popular plaza, no expense was spared in this beautiful space (over 900K). Specializing in Chinese and Japanese food, this restaurant offers an oyster bar, sushi bar, keno, catering and function room. Dine in or take out, the comfortable and warm ambiance provides a fabulous experience for diners. From friendly service to a relaxing atmosphere, the staff welcomes you to come in and take a break from the bustling city streets after work.

PARKING: Ample parking
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: 10-year lease with two (2) 5-year options
BASE RENT: $6,200 per month plus NNN
CONCEPT: Chinese/ Japanese cuisine
SEATING: Capacity of 130 persons (16 seats at bar)
SIZE: 4,000 square feet
HOURS: Open from 11:00 AM - 10:00PM 7 days
LICENSES: Full Liquor License plus Keno
SALES: $1M in 2018

ASKING PRICE: $400K (For the assets of the Business including the liquor license)

About the Business

Location:
North Reading, Massachusetts

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Listing Info

ID:
1657626
Ad Detail Views:
0

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Business Listed by

Todd Smith

Corbett Restaurant Group

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