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Business For Sale

Upscale Asian Restaurant-Great Location

Grand Rapids, MI

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$400,000
$711,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
12
685834516
Owner Financing is Available!
$150,000 down payment.

Business Overview:

Upscale Asian restaurant located next to Woodland Shopping Mall. Serving Japanese, Chinese, Korean cuisines. Great upscale interior and great food (see attached document for more pictures). Currently open 6 days per week only (can open Sunday for more sales).

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

10,000 sq. ft. single building next to Woodland Shopping Mall. Rent: $13,000/month base + $4,000 tax (owner is the landlord, so rent is negotiable).

Market Competition and Expansion:

This business has the best food and interior decor. More advertising is needed. Open Sunday to increase sales.

Reason for Selling:

Retirement.

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.

Resources: