Business for Sale Overview:
A stone’s throw from Lake Michigan is a Pan-Asian restaurant, quaint in size but huge in flavor. You can even pick your own spices, ingredients and have them cooked to order. Or you can simply choose straight from the menu from several unique meat/fish/vegetable combination's. Their egg rolls/spring rolls will tantalize your taste buds and have been voted the finest along the lakeshore.
In 2007, the owner opened this, his second operation, in his hometown concurrent with running his upscale seafood/chophouse about 30 miles downstream. He finds himself spread so thin that he would like to sell in order to focus his efforts on his popular, highly reputable larger establishment.
State of the art equipment easily estimated at $180,000 is less than 3 years old, and fits nicely into this 1,300 square feet leased space where the monthly rent is a paltry $1,300. Two full time managers and several part time employees run an efficient operation seven days a week. Experiencing almost a year’s delay for his Class C liquor license to transfer, a new owner benefits right out of the chute, in offering spirits, beer and wine.
Sales, and only 7 months of selling adult beverages, topped $500,000 in 2008, with cash flow of $95,000. Sales in 2009 are tracking on par or slightly ahead of ‘08 as of May 31st.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
1,190 square feet building.
Reason for Selling:
Other Business Demands
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.