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Business For Sale

UPSCALE ASIAN REATAURANT

Attn: Rob Calhoun
Albuquerque, NM, USA 		Listing Number: "0705"
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Asking Price: $220,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Other Business Interest
Year Established: 1984
# of Employees: 6 Ft + 4 PT
Yearly Revenues: $500,000
Yearly Cash Flow: $70,000
Yearly EBITDA: $70,000
Yearly Net Profit: $70,000
Yearly Gross Income: $500,000
 

Business for Sale Overview:

Upscale 180 seat upscale Asian Restaurant featuring Chinese, Korean, Sushi, & Szechwan crusine plus Beer & Wine. The sushi bar itself will seat up to 12, one section of the Restaurant features Tables with Grills in the middle, and there is 2 hot and one cold Buffet Tables for the Lunch Buffett the Restaurant features. Two seperate Kitchens,with a 18 x 18 Walk in Cooler.


Property Features and Assets:

Restaurant is located in a strip shopping Center with a couple of National chain stores and other retail outlets. Approx. 100,000 cars a day pass buy this Center. The Restaurant occupies 4700 Sq. Ft. with a monthly rent of $5350.00 The present lease goes until 2010, plus they have a 3 year option after that. The Restaurant has been at this same location for 23 years.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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