Popular Asian Restaurant
Not Disclosed, NJ Bergen County
Seller's Contact Information
- RE: Popular Asian Restaurant
- Contact: Russell Miller
Quick Facts
| Asking Price: | $899,000 | |
| Annual Revenue: | $2,090,657 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $116,073 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,635 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 29 | |
| BBN Listing #: | 72844955 | |
| Broker Reference #: | 3401-17913 |
Business Overview:
This is the one you have been waiting for-
$40,000 in weekly sales!
BYOB
Waterfront dining
Semi absentee
Seasoned staff
Long term favorable lease
Dedicated following
Waterfront dining offering a unique combination of flavors drawn from the floating markets of Southeast Asia. Combine the cuisine with an atmosphere that mixes modern design of today with rustic design of the past to create a dining experience you won’t forget.
There is a Full time General manager and 3 assistant managers that are paid hourly. Plus 20 wait staff and 5 kitchen employees.
ACT NOW ... this won't last.
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Property Features and Assets:
2,900 square feet restaurant in a retail strip center Water front dining with spectacular views. plenty of parking. Assets = $207,635
Market Competition and Expansion:
There are many restaurants near by but none like this. Popular with dedicated following. Equipment, furniture, small wares, signage, POS and custom buildout. Large customer base.
Reason for Selling:
The family has other interest.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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