Turnkey Asian Fusion Restaurant for Sale - Grand Rapids, MI
Business Description
ESTABLISHED ASIAN FUSION RESTAURANT FOR SALE - GRAND RAPIDS, MI
Turnkey boba tea and dessert shop offering unique Asian cuisine and handcrafted boba beverages in Grand Rapids' competitive dining market. This well-positioned restaurant has built a strong foundation since opening in 2022, generating $420,000 in annual revenue with $85,000 in seller's discretionary earnings.
BUSINESS OVERVIEW:
Specializing in Asian fusion cuisine with distinctive handcrafted boba tea offerings not commonly found elsewhere in the market. The restaurant operates from a 1,627 square foot space in a high-traffic retail center with excellent visibility and ample parking, ensuring consistent customer flow.
FINANCIAL PERFORMANCE:
- Annual Revenue: $420,000
- Cash Flow (SDE): $85,000
- FF&E Value: $100,000
- Inventory: $6,000 (included in asking price)
- Monthly Lease: $4,320 (expires March 31, 2027)
KEY STRENGTHS:
- Established customer base with loyal following
- Strong social media presence driving customer engagement
- Unique menu differentiation in local market
- High-traffic location with excellent visibility
- Fully operational systems requiring minimal learning curve
- Easy-to-manage daily operations
GROWTH OPPORTUNITIES:
Significant expansion potential exists through catering services, corporate accounts, extended operating hours, enhanced delivery and online ordering, seasonal menu additions, and strengthened community partnerships. The established social media platform provides additional marketing leverage for revenue growth.
TRANSITION SUPPORT:
Seller provides comprehensive training covering daily operations, food preparation, beverage recipes, supplier relationships, inventory management, staff procedures, and operational workflows. Ongoing transition support ensures smooth ownership transfer.
This turnkey operation presents an excellent opportunity for an owner-operator or investor seeking an established restaurant with proven performance and clear growth potential in Grand Rapids' thriving food service market.
Reason for Sale: Owner pursuing new business opportunities while restaurant remains fully operational.
Turnkey boba tea and dessert shop offering unique Asian cuisine and handcrafted boba beverages in Grand Rapids' competitive dining market. This well-positioned restaurant has built a strong foundation since opening in 2022, generating $420,000 in annual revenue with $85,000 in seller's discretionary earnings.
BUSINESS OVERVIEW:
Specializing in Asian fusion cuisine with distinctive handcrafted boba tea offerings not commonly found elsewhere in the market. The restaurant operates from a 1,627 square foot space in a high-traffic retail center with excellent visibility and ample parking, ensuring consistent customer flow.
FINANCIAL PERFORMANCE:
- Annual Revenue: $420,000
- Cash Flow (SDE): $85,000
- FF&E Value: $100,000
- Inventory: $6,000 (included in asking price)
- Monthly Lease: $4,320 (expires March 31, 2027)
KEY STRENGTHS:
- Established customer base with loyal following
- Strong social media presence driving customer engagement
- Unique menu differentiation in local market
- High-traffic location with excellent visibility
- Fully operational systems requiring minimal learning curve
- Easy-to-manage daily operations
GROWTH OPPORTUNITIES:
Significant expansion potential exists through catering services, corporate accounts, extended operating hours, enhanced delivery and online ordering, seasonal menu additions, and strengthened community partnerships. The established social media platform provides additional marketing leverage for revenue growth.
TRANSITION SUPPORT:
Seller provides comprehensive training covering daily operations, food preparation, beverage recipes, supplier relationships, inventory management, staff procedures, and operational workflows. Ongoing transition support ensures smooth ownership transfer.
This turnkey operation presents an excellent opportunity for an owner-operator or investor seeking an established restaurant with proven performance and clear growth potential in Grand Rapids' thriving food service market.
Reason for Sale: Owner pursuing new business opportunities while restaurant remains fully operational.
About the Business
- Years in Operation
- 4
- Employees
- 5 (1 Full-time, 4 Part-time)
- Facilities & Assets
- Turnkey, fully equipped Asian fusion restaurant established in 2022. Sale includes all furniture, fixtures, and equipment (FF&E), commercial kitchen equipment, refrigeration, prep tables, hood system, dining room furniture, boba equipment, recipes, operating procedures, branding, and established social media presence. The business operates in a high-traffic retail center with ample parking and a loyal customer base. Lease runs through 2027, with two 5-year renewal options available (subject to lease terms). This is a ready-to-operate business requiring no major additional investment.
- Market Outlook / Competition
- Established Asian fusion restaurant in Grand Rapids with a loyal customer base and strong online presence. The menu offers a unique blend of Asian cuisine along with handcrafted boba tea, helping differentiate the business from traditional restaurants. Located in a high-traffic retail center with excellent visibility and ample parking, the restaurant continues to attract both repeat customers and new guests. The business is fully operational with established systems, making it an excellent opportunity for an owner-operator or investor.
- Opportunities for Growth
- Significant growth opportunities remain for a new owner. Revenue can be increased by expanding catering and corporate accounts, increasing delivery and online ordering, extending operating hours, adding seasonal menu items, and growing community partnerships. The business also has an established social media presence that can be further leveraged to attract new customers. A hands-on owner with a focus on marketing and catering has the potential to grow sales beyond current levels.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,627
- Rent
- $4,320.00 per month
- Lease Expiration
- 3/31/2027
About the Sale
- Seller Motivation
- Owner is pursuing new business opportunities. The restaurant remains open, fully
- Transition Support
- Seller will provide comprehensive training to ensure a smooth transition. Training includes daily operations, food preparation, beverage recipes, supplier relationships, inventory management, staff procedures, and operational workflows. The seller is committed to helping the buyer become comfortable with the business and will provide transition support after closing for an agreed-upon period.
Listing Info
- ID
- 2528284
- Listing Views
Listing ID: 2528284 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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