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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Highly Successful Asian Restaurant

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1320000
Net Profit / Cash Flow  $132000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased

Highly Successful Asian Restaurant - Centrally Located - Annual Sales In Excess Of $1million RRC#: 2128 Asking Price: $450,000 Location: Sacramento Metro Area, Sacramento, California Yearly Revenue: $1,320,000 Yearly Cash Flow: $132,000 Monthly Rent: $8,466 LISTING DESCRIPTION: A one of a kind Asian restaurant, centrally located with an enviable reputation in the city. A huge Monument sign with high visibility from the roadside makes this restaurant a must see for the experienced operator. All equipment was purchased new and constructed in 2010 with total opening costs of around $800,000. A full list of the equipment included with the sale, 3 years of financials and the lease will be sent to experienced buyers. Annual restaurant sales are in excess of $1.2 million with so much scope to increase business. This is a highly confidential listing and the seller does not wish to waste time showing their restaurant to inexperienced lookers, so all potential buyers will be required to answer some screening questions from the broker prior to knowing the name and address. GENERAL INFORMATION: Organization: LLC | Year Established: 1970 | Current Owner: 2010 | Employees: 28 | Seating: 80 | Square Footage: 2605 | Parking: 16 + Street | Licenses Required: Health, Business and ABC Type 41 beer and wine | Days Open/Hours: Mon - Sun 11am-9.00pm | Reason For Sale: Consolidating | FINANCIAL INFORMATION: Yearly Revenues: $1,320,000 | Yearly Cash Flow: $132,000 | Payroll: $41,500 | LEASE INFORMATION: Monthly Rent: $8,466 | Lease Expiration: 2020 | Lease Option: 5 years | Security Deposit: 0 | FINANCING INFORMATION:

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