Description Profitable Asian Restaurant - Consistent Volume - Great Location In Rancho Cordova, Near Sacramento.
RRC#: 1893
Asking Price: $129,000
Location: Zinfandel Drive, Rancho Cordova, California
Yearly Revenue: $504,000
Yearly Cash Flow: $84,000
Monthly Rent: $6,041
LISTING DESCRIPTION:
Fully equipped and highly successful Asian restaurant in Rancho Cordova, near Sacramento. Located within a large shopping centre with ample parking and surrounded by many office buildings, this opportunity would suit a first time buyer or a seasoned operator wanting to expand. Beautifully appointed seating 65 indoors, 16 on the Patio and 9 at the Sushi Bar. This restaurant has been in the same ownership since 2006 and makes in excess of $80,000 profit per year and is an excellent return on investment as a buyer would see profits from day one. This Restaurant business is priced at this Low, Low price to sell quickly at only $129,000, including all Furniture Fixtures and Equipment and with Goodwill sales in excess of $425,000 each year! This is a Turn key opportunity with a modern prep kitchen and attractive Sushi bar. Modern decor indoors, all in excellent condition and with no further investment required. The shopping centre is also extremely busy and this business has been consistently achieving over $425,000 gross sales each and every year with no advertising or marketing. Please contact broker for details and we will arrange a private viewing.
GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 2006 | Current Owner: 2006 | Employees: 1 Full Time, 9 Part time | Seating: 65 + 16 Patio | Square Footage: 1800 | Parking: 50+ mall parking | Licenses Required: Health, Business and Type 41 | Days Open/Hours: Mon-Sat 11-9.30pm | Reason For Sale: Consolidating |
FINANCIAL INFORMATION:
Yearly Revenues: $504,000 | Yearly Cash Flow: $84,000 | Payroll: $7,000 |