Business Summary

Financials
Asking: $175,000
Included in the Asking Price (Furniture, Fixtures & Equipment): $200,000

Gross: $500,000
Cash Flow: Not Disclosed

Summary Description

This is a well established since 1986. The restaurant Is approximately 5100 square feet in size with a full bar. and drink business doing 40% of the gross making this cost of good very low. The seating is around 130 persons but can be expanded. hours are Sun. thru Thur. 11:30 am to 9:30 pm and Fri. thru Sat 11:30 to 10:30pm They have a Lunch buffet only from 11:30- 2:00 pm This restaurant can be change to any type of cuisine concept that is not competing in the shopping center. The owners are retiring after 27 years.

General Information
Year Established: 1986
Employees: 7

Market Outlook
Competition: There are 3 large Asian restaurant on the major route

Growth and Expansion: The restaurant has been operating for 27 years at this location and is well established

About the Sale
Financing: NONE
Reason Selling: The owners are retiring

Property Details