$223,000

Profitable Asian Restaurant With Upside Opportunity

New York/Watertown
Financials
  • Price: $223,000
  • Gross Income: $353,520
  • Cash Flow: $124,462
  • FFE: $25,000
  • Inventory: $2,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #100562
  • Year Established: 2015
  • Financing: Seller financing available on a case-by-case basis, approved by owner.
  • Training: The current owner is offering training and support during the transition period
  • Facilities: Strip center located off of a major highway.
  • Competition:There is limited competition in the immediate area of the restaurant.
  • Growth: There are several opportunities to grow the business including adding a liquor license, full-service dining, catering, breakfast, expanding opening hours, and opening on the weekends.
  • Employees:

Property Descriptions

Highly profitable restaurant currently serving Thai and Chinese food can operate with the current concept or your own concept. The location is ideal for a restaurant and has good visibility and low rent. The restaurant is located off a highly trafficked highway and next to a drive-thru fast food concept. The business has lots of upside potential for a new owner who is looking to grow the business. The current owner is running it as an owner-operator and is looking to sell to spend more time with family. The owner is committed to a successful transition and is willing to train the new owner in all aspects of the restaurant. This restaurant is ideal for an owner-operator, family-run business, and experienced restaurant owners. Seller financing is available, on a case-by-case basis. $260,000 price for seller-carry with 50% down. Contact us now through the ad or by contacting the broker directly at jason@truview business.com or calling (713) 714-7516 to obtain the link for the electronic confidentiality agreement and buyer registration. Upon completion of these forms, we will send you detailed information about the business for sale.

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Jason Ward 1801 Main Street, Ste 1300, Texas, Houston