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Businesses For Sale   >>   Palm Beach Businesses For Sale   

Asian Buffet With Hibachi

Location  Palm Beach County, Florida, United States
Asking Price Range  $250K - $500K
Gross Revenues  $1343006
Net Profit / Cash Flow  $165409
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2012
Number of Employees  10 - 19
Inventory  650000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  two weeks
Reason for Sale  other business interests

Description  
Fabulous and one of a kind 200-seat Asian restaurant with gourmet sushi, hibachi, seafood, and dessert buffet offerings. Food prepared fresh daily and has attracted a very loyal customer following. Located in extremely busy plaza in very upscale part of Palm Beach County. Started from scratch by ownership group in February 2012. Owners spent over $650K on gorgeous build-out and equipment. Restaurant is 7900 sq ft and has state of the art kitchen, buffet facilities, bar area, wide-screen TVs, POS system, Asian decor, and fully furnished bathrooms. Beer and wine license, but new ownership could get full liquor license. Only full service Asian buffet in the immediate area. Asking price of $499K includes all eqpmt and leasehold improvements on this profitable enterprise, deluxe website, and goodwill. Stated sales of $1,343,006 does not include cash. Open 7 days per week, 10:30am-10pm. Please contact Martin Berliant at 561-827-1181 or email for more information. Sellers moving on to their next venture but will ensure smooth transition. Please contact Martin Berliant at 561-827-1181 or email for more information.


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