Fully Equipped Restaurant Low Lease High Traffic
Asking Price: | $269,000 |
Gross Revenue: | $466,145 |
FF&E: | $9,300 |
Cash Flow: | $120,000 |
Inventory: | $10,000 |
Established Year: | 2016 |
Fully equipped restaurant with all the amenities. Established high traffic location that figures stay high traffic for the foreseeable future. To dive into all the amenities means with this restaurant, you get several type 1 hood systems, a walk-in refrigerator, a walk-in freezer, a big kitchen, lots of storage, and a picture-perfect dining area that seats 75.
Yes, there is 2500 square footage for you to wine, dine, and make money. Currently, Asian fusion cuisine is proudly served here, and to give you an idea as to how much of this Asian fusion food is served here, this restaurant consistently does well over $400,000 every year, and, in 2023, did very close to $500,000.
The seller is even willing to pass on her money recipes to you the new owner. (meaning more value for the purchase price) Yes, this is turnkey if you keep the same food concept.
This fully equipped kitchen allows you to diversify and implement your own good ideas and recipes. But hey, why not learn the top money-making dishes served here so you can keep and build upon the already strong customer base?
The monthly lease here is also quite low and tasty at only $2,575 per month. Lots of life left on it too. Other tidbits for you to enjoy about this restaurant are there is a huge walk-in customer base, has a small, shared parking lot, but lots of NON metered free street parking. Lunch and weekend sales are the busiest times.
Current owner has NO website and NO social media presence and does NO other advertising or marketing. This means the upside sales potential here is really strong and tangible. Seller has health concerns so all reasonable offers will be considered.
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