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Business For Sale
ASIAN RESTAURANT 15' FROM 68,000/ 24 HR TRAFFIC CT
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Asking Price: |
$95,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Health concerns |
Business for Sale Overview:
PRICE REDUCED TO $85,000 for this restaurant is a Mongolian BBQ which serves fast, fresh food in a bowl. The customer chooses from the chilled selection of beef, pork, chicken, vegetables, herbs, seasonings and sauces – the items are sautéed on the special equipment by the chef and presented in a bowl. It is located in south Metro Denver in an end cap directly on an extremely busy main east/west artery and just a couple of blocks east of I-25. The space is 2,375 Square Feet efficiently laid out to seat 76 in a beautiful contemporary and comfortable dining area. All equipment was new 7 years ago and it is well maintained and clean. Long ventilating hood. Financial information is available only from the owner but it appears quite busy and profitable and has handsomely supported the working owners since 2001. Gross rent is $6,000 per Month with 3 year remaining on the lease plus a 5 year option to renew.
This is a nice, clean dependable business in a bustling location. The long term chef will likely want to stay. Owner has recently had a stroke and cannot continue to work.
Books show $140,000 original equipment & leasehold investment, not including expensed items.
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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