Long Standing Well Known Asian Restaurant

Don't miss out on this chance to own a long-standing and well-known Asian restaurant in Lakewood, CO! This restaurant boasts over 2,900 square feet with a $6,000 rent, including NNN. It features ample dining space with 17 tables that can seat over 50 customers. The kitchen is equipped with a 21-foot hood, two oversized woks, a six-hole wok range, fryers, and a grill, along with a walk-in cooler and freezer. The restaurant achieved over $830K in sales in 2023 and has been a community staple since 1995! New owners have the flexibility to rebrand and convert to any concept they want—perfect for any cuisine with huge hood, walk-in cooler and freezer, ample parking, and heavy traffic.

This is an amazing opportunity to own a restaurant that has built a loyal clientele for wide Asian cuisine. The menu offers a wide selection of grilled food, soups, noodles, and more! With an average of 4.2 stars, customers have good things to say, such as, "been ordering for over 25 years and never disappoints." This restaurant is turnkey for any Asian cuisine concept and has no limitations with kitchen fixtures. New owners have the flexibility to take advantage of this phenomenal restaurant with an excellent build, established reputation, and strong sales.

Restaurants are a popular choice for business ownership due to their potential for high profitability, consistent demand, and opportunities for creative expression. The food industry remains resilient, as dining out is a fundamental aspect of social life and culture. Additionally, restaurants offer diverse revenue streams through dine-in, takeout, delivery, and catering services. With effective management, a strong brand, and excellent customer service, a restaurant can build a loyal customer base, ensuring steady income. Moreover, the ability to innovate with menus and dining experiences allows restaurateurs to differentiate themselves in a competitive market.

Situated in Lakewood, CO, the fifth most populous city in Colorado and 167th in the US, the city is densely populated with over 155K residents. Lakewood is popular for its numerous hiking trails, mountains, lakes, and over 330 days of sunshine. The city has a diverse economy, being home to companies like Einstein Bros, First Bank, and The Integer Group, as well as the Denver Federal Center and St. Anthony's Hospital.

The restaurant is in a prime location with anchor tenant restaurants and national franchisors. S Wadsworth sees traffic of over 50,000 vehicles per day. Within a 5-mile radius, there is an estimated population of over 325K people, an average household income of $108,332, over 126K households, and 14,189 businesses.

The restaurant has ample parking and dining space, is in excellent condition with strong sales, and has an established customer base. Everything you need is here, from the 21-foot hood to the walk-in cooler and freezer. New owners have the flexibility to rebrand or convert to any concept. Great fixtures and equipment support any cuisine, and the perfect location with anchor tenants, heavy traffic, and essential fixtures and equipment make it an ideal opportunity. Long-standing and ready for takeover!
More information is available by contacting us. We are looking for qualified and motivated buyers.