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- RE: Asian Concept Franchise For Sale
- Contact: Robin Gagnon
Quick Facts
Asking Price: | $275,000 | |
Annual Revenue: | $893,643 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $80,860 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 16 | |
BBN Listing #: | 41578096 | |
Broker Reference #: | 10421 |
Business Overview:
Here's your chance to take over a money-making Asian Concept Franchise for Sale store in Hartford, Connecticut today! SBA Lending Available for Qualified Buyers. Are you ready? It will be worth every penny - just think of all those dollars that will be rolling into YOUR pocket from the beginning! $893,000 in sales are generating $80,000 for an owner operator!
This Asian Concept Franchise for Sale is getting rave reviews, and had over $1 million in sales for 2022 which gave an owner six-figure earnings for 2022! An on-site owner/operator could easily get these sales back to where it was an enjoy those great earnings!
The use of their trademark, processes, and systems are part of the success of this Asian Concept Franchise for Sale offered by We Sell Restaurants. Royalties are 6% and are charged on sales. The marketing to promote this brand across the country is 1.5% of sales. This franchise is an easy to operate concept that the customers love, which is why this business delivers $80,000 and sales of $893,000.
The reasons for buying this Asian Concept Franchise for Sale include verifiable results, the security of existing cash flow and a turn-key location. This 1,330 sq ft square foot store has a proven track record. The lease rate is $7,936.07 per month all in, which includes both the base rent plus CAMS, taxes, and insurance charged by the landlord. The assignable lease terms are valid through 2029 which includes the initial lease term as well an additional 5-year option to renew.
The other benefit of buying an existing Franchises for Sale like this one is the opportunity for lending. Our SBA and conventional lenders have already approved the business based on the strong cash flow and proven results. Bring just 20% to the table and your own good credit and experience. You’ll own this Franchises with payments spread over a ten-year term with market rates.
Buying into a brand like this can be an excellent investment with the support and training available. The Franchisor will provide you all of your needs, including two weeks training directly from the franchise brand. You also get access to valuable resources that are constantly updated, and have support team built in.
Contact us today to make your mark in the restaurant industry. This Asian Concept Franchise for Sale is a profitable location that won't last long!
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Property Features and Assets:
undercounter grease trap in place 3 compartment sink blender rice cooker smallwares mis shelving prep tables scale walk in cooler reach in freezer under counter cooler other refrigeration ice machine cold well 3 tables 24 chairs pos sytem security system safe copy machine store decor flat screen tvs high chairs neon signs trash recpetacles
Market Competition and Expansion:
Practically brand new equipment. Great visibility from the road. Right off of a major highway. Great Co-Tenancy. At premier shopping area in the state.
Reason for Selling:
New Career
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Connecticut businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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