Successful Asian Mongolian Grill restaurant

Asking Price$600,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$530,000

Inventory$7,000
Not included in asking price
FF&E$55,000
Included in asking price
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Successful Asian Mongolian Grill restaurant


Asking Price$600,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$530,000

Inventory$7,000
Not included in asking price
FF&E$55,000
Included in asking price

Seller Financing Available
Business Description
Restaurant in prime location with a proven menu offering. Customer traffic is dependable and repeat clientele numerous.
About the Business
Years in Operation
5
Employees
3 (2 Full-time, 1 Part-time)
N/A
Currently Home Based
Yes
Facilities & Assets
Since inception, the owner has upgraded the refrigerator, stove and ventilation system and restaurant HVAC system. Some upgrades have also been done for the kitchen and restrooms.
Market Outlook / Competition
This restaurant is in a prime location. Initially, operations were reduced to five days a week and only recently because of the plan to sell, the operations has been expanded to 6 days a week.
Opportunities for Growth
Growth opportunities are very good because the present business does little advertisement and promotions. Clients like this restaurant and there are many repeat customers.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,800
Rent
$8,800.00 per month
Lease Expiration
9/1/2029
About the Sale
Seller Motivation
Owner has been in the restaurant business for most of his career and would like
Transition Support
Owner will train buyer in his established system, From restaurant management, to purchasing and all aspects of the operation.
Financing Options
Terms can be negotiable
Listing Info
ID
2488687
Listing Views
12
Business Location

Contact Seller

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Business Listed by: Wylie CHENN

Listing ID: 2488687 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.