Business Summary:
This space is loaded with opportunity; it is a prime location that is a highly visible and accessible site with tremendous growth potential. This location is ideal for almost any concept. The site is currently an Asian concept but might have greater potential with a concept of more general appeal and/or more focus on alcohol sales. Perfect for a Chef, Owner/Operator.
SALES: Approximately $520,000 in 2008. (Historically $850,000 annually)
CASHFLOW: Approximately $56,000 in 2008
ASKING PRICE: $210,000 (Or Best Offer)
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| Year
Business was Established: 1994 |
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| Number of Employees:
3FT/4PT |
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| Facilities / Terms of Lease:
This stand alone restaurant space is approximately 3,000 square feet with a 160 person seating capacity. The space consists of a large bar & dinning area and two function rooms.
PARKING: There is a private parking lot and free on street parking
EQUIPMENT: Is in good condition and has been well maintained and is of good quality.
CONCEPT: Asian Cuisine & Cocktails
SEATING: There is seating for approximately 160 persons. This seating includes two functions rooms with 30 seats each. The layout is functional and allows the seating to be used interchangeably.
HOURS: 11:30 AM- 10:30 PM
LICENSES: Full Liquor, TV Entertainment, C.V.
RENT: The rent is $9,000 per month
LEASE: The current lease has seven (7) years remaining with renewal Options available |
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| Owner
willing to finance:
Some Financing available for qualified buyers |
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| Owner
willing to train:
Training will be provided |
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| Reason for selling:
Other Interests |
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Seller Reference Number: bm1637195083
BusinessMart.com Listing Number: 62019 |
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