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#Business ID: 12752

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Profitable Asian Restaurant In Las Olas Blvd

Business Location: Ft. Lauderdale / Miami, Florida, United States

Asking Price: $ 1,290,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Features

* Asian Restaurant for Sale and ready for growth
* Located on World Famous Las Olas Blvd.
* Owner's Benefit Exceeded $450,000 in 2012
* Gross Sales in Excess of $1.5 Million
* Fully Equipped Commercial Kitchen
* 2COP license enables you to sell beer, wine and very popular and profitable Sake
* Management Team in Place
* Rent Below Market - Rent to Sales Ratio of 7.7%
* Best Location in South Florida
* Only Financially Qualified Prospects to be considered
* Asian Restaurants for Sale

Lease Term: 5 years and 5 year option
Monthly Rent: $10,330
Indoor Seating: 59
Hood System: Yes
Neighboring Businesses: Restaurants, Boutiques, Retail Shops, Hotels, Office Buildings

Asian Restaurant for Sale in Ft. Lauderdale is a huge money maker and an unheard of opportunity.

The Asian restaurant for sale had sales in 2012 in excess of $ 1.5 Million with more than $450,000 in owners benefits. Sale are growing yearly in this Asian restaurant for sale located in one of the best locations in Broward County.

This is an opportunity to buy a restaurant that is producing strong top-line sales and bottom line numbers. Everything is in place to grow this concept to into a chain. The Asian restaurant for sale is fully staffed and has management in place to continue the growth. The concept has been in existence for nine years and has been guided by the same ownership since its inception, a rare find by the restaurant brokers.

The Asian Restaurant for Sale has a location that is one of a kind. Occupying 2,400 square feet with seating for 59 guests indoors and another 1,000 square feet available on the outdoor patio, overlooking the water, has seating for an additional 50 guests. The rent for this location is $10,330 including all CAMS. The rent to sales ratio for the combined two units is an extremely low 7.3%. This leaves a lot of room for profit.

The Asian restaurant for sale features a fully equipped commercial kitchen. The Kitchen feature long hoods, wok cookers, six-eye-burners with stoves, char-broilers, fryers, stock pot ranges, ice machines, commercial refrigeration and freezers, and much more. The front of the house of both units feature state of the art two station POS systems, sushi cases, and security cameras.

The menu has been developed over time by the owners and chefs. It features the finest Sushi and Thai cuisine in South Florida. The restaurant feature a 2COP license that allow the restaurant to sell beer, wine, and the very popular and profitable sake. There are lunch specials available. All recipes will transfer with the sale and the dedicated staff will remain to insure steady growth once you acquire these Asian restaurants for sale.

The sale of this two restaurant is very confidential. If you are interested in learning more about this opportunity please click on the link below and you will be able to sign an electronic confidentiality agreement. Your certified restaurant broker, Ken Eisenband, will contact you. Before the name and addresses of this location will be given out a prospect will need to submit a proof of funds. A recent Bank Account Statement, Statement from Financial Institution, or a letter from a bank officer from a bank you work with will suffice. Liquid assets of more than $500,000 and a net worth in excess of $2,000,000 will be necessary to proceed.

Property Details

Size:

2400

Property Type:

Lease

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