Top Rated Asian Restaurant with or without Real Estate

Asking Price$350,000

Cash Flow

EBITDA$125,000

Gross Revenue$1,100,000

Inventory$37,000
Not included in asking price
FF&E$282,000
Included in asking price
Real Estate$2,200,000
Not included in asking price
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Top Rated Asian Restaurant with or without Real Estate


Asking Price$350,000

Cash Flow

EBITDA$125,000

Gross Revenue$1,100,000

Inventory$37,000
Not included in asking price
FF&E$282,000
Included in asking price
Real Estate$2,200,000
Not included in asking price
Business Description
60+ Seating Capacity and 3200SF of Space
Imagine yourself as the proud owner of this award-winning Asian fusion restaurant that's already captured the hearts of Winchester's dining community. You'll love how this top-rated establishment practically runs itself with a fully trained team that keeps operations smooth even when you're away for months at a time.

Picture walking into your spacious restaurant with comfortable seating for 60+ guests on the main floor, plus expansion potential on the second level. The nearly $300,000 in fixtures, furniture, and equipment means you're getting a turnkey operation that's ready to serve your first customers from day one.

You'll appreciate the prime walkable location that brings steady foot traffic right to your door. The established customer base already knows and loves what you're serving, so you can focus on growing the business rather than building it from scratch.

Here's where it gets even better - you have the option to purchase the real estate too. The building houses not just your restaurant but another business and several apartments, creating multiple income streams with a projected 7% cap rate. It's like getting a restaurant and an investment property rolled into one opportunity.

This isn't just buying a business; you're stepping into a proven success story in Winchester's vibrant dining scene. The hard work of building reputation, training staff, and establishing systems is already done. You'll simply need to add your personal touch to an already thriving operation.

Whether you're an experienced restaurateur looking to expand or someone passionate about bringing exceptional Asian cuisine to the community, this opportunity offers the perfect blend of established success and future potential.

**Potential buyers must show proof of funds and sign our NDA prior to receiving additional information**
About the Business
Years in Operation
17
Facilities & Assets
Full kitchen that is constantly updated with equipment. Approximately $300k worth of FF&E. Full list available after NDA is signed. 2 ADA bathrooms, plus separate employee bathroom. There is approximately 3200SF of space and multiple dining rooms, each with their own flare. Great visibility and plenty of street parking and garage parking. The building is located in an Enterprise Zone and also an Opportunity Zone.
Market Outlook / Competition
Downtown Winchester is one of the most popular places that locals and visitors seek for dining options. To perform well in a competitive market is a badge of honor for this restaurant.
Opportunities for Growth
The business is located in the old town area of historic Winchester, and there are two significant residential multi-family projects underway within walking distance to the restaurant. This business is perfectly located to benefit from the new infrastructure and foot traffic.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
8,100
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will assist in a transition period; to be negotiated.
Financing Options
No seller financing
Listing Info
ID
2456467
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Business Listed by: Eric Kronenwetter Re/Max Roots

Listing ID: 2456467 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.