Asian Concept with Strong Demonstrated Sales

Mountain View, CA
Santa Clara County


Asking Price: Annual Revenue:
$295,000 $2,068,346

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Asian Concept with Strong Demonstrated Sales Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $295,000
Annual Revenue: $2,068,346
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 322811533
Broker Reference #: 4056

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Business Overview:

Asian Concept with Strong Demonstrated Sales; Free-Standing Building on Main Peninsula Thoroughfare

RRC#: 4046
Asking Price: $295,000
Location: Mountain View, California
Annual Revenue: $2,068,346
Annual Cash Flow: Contact for Info
Monthly Rent: $16,087
Expiration: April 2023

Listing Description:
Asian concept situated in a free-standing building for sale. The restaurant is located in Mountain View, on a busy main thoroughfare. The name of the business is not included in the sale, but a new owner would be allowed to use it for up to one year. The recipes for the current menu are included with the sale, and the seller would train the buyer to execute the menu items. However, this space could be well-suited to a range of alternative concepts.

The restaurant has its own dedicated parking lot. A section of the parking lot could be converted into an outdoor seating area. The restaurant can seat up to 138 inside. The décor is contemporary, and recently renovated.

At the beginning of the pandemic, the owner pivoted to online delivery and pickup orders, which proved very successful. As such, the restaurant has not re-opened for on-site dining, but continues to do steady delivery and pickup business. Sales over the last three years are as follows:

2019 - $1,558,151
2020 - $2,068,346
2021 - $2,219,829 (annualized based on sales through September of 1,664,872)

The restaurant’s kitchen is large, and has the capacity to accommodate on-site diners and delivery/pickup business simultaneously.

The rent is fixed through the remainder of the term, with no increases through 2023. There are two five-year options, and the rent is pre-determined for those option periods – with no yearly increases.

Average household income in the area is high, and this part of Mountain View is residentially dense. This location presents an excellent opportunity to be situated in an area where people can afford to eat out regularly, and do so.

General Information:
Organization: LLC
Year Established: 2013
Current Owner: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: $2,068,346
Annual Cash Flow: Contact for Info
Payroll: Contact for Info

Facilities:
Square Feet: 4,252 / .75 Acre Lot
Seating: 138
Parking: Dedicated Parking Lot
Days/Hours of Operation: 10:30am - 2pm & 4:30pm - 8:30pm Daily

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other Interests.

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.

Relevant Links:

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