Authentic Asian Cuisine Restaurant - Outstanding
Not Disclosed, WA Spokane County
Seller's Contact Information
- RE: Authentic Asian Cuisine Restaurant - Outstanding
- Contact: Caroline Kelliher
Quick Facts
| Asking Price: | $249,000 | |
| Annual Revenue: | $796,750 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $237,348 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $104,961 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 7 | |
| BBN Listing #: | 89456533 | |
| Broker Reference #: | 16971-166854 |
Business Overview:
Motivated Seller: Price Dropped for Quick Sale!
Only $125,000 Down Payment with Seller Financing is Available for the Remaining Balance.
Also, Bank financing is in progress to help buyer purchase the business with a lower down payment.
This well-established Asian cuisine restaurant has been proudly serving the Spokane Valley community for over 16 years. With a focus on customer service, the freshest ingredients, and maintaining high-quality standards, it has become the go-to restaurant for authentic Asian cuisine in the area.
Key Features:
1) Prime Location: Situated in a bustling area, the restaurant enjoys high foot traffic and excellent visibility.
2) Competitive Pricing: The reasonably priced menu attracts a diverse customer base, ensuring a steady flow of patrons.
3) Loyal Customer Base: Over the years, the restaurant has cultivated a dedicated following of satisfied customers who keep coming back for more.
4) Tremendous Growth Potential: Currently operating only five days a week from 4:00 PM to 9:00 PM, there is ample opportunity to expand operating
hours and capture additional revenue.
5) Limited Competition: Enjoy the advantage of low competition in the area, ensuring a strong market presence.
6) Seller Support: The seller is committed to assisting the new buyer during the transition period, providing valuable guidance and expertise.
Financial Highlights:
* Strong Seller's Discretionary Earnings (SDE): This restaurant generates an impressive SDE of $233,171 in 2022, demonstrating its profitability and
potential for further growth.
* Affordable Investment: With only $25,000 - $125,000 (estimate) as a down payment, this opportunity offers an accessible entry point into the
thriving restaurant industry.
* Seller Financing: The seller is open to financing the remaining balance, making it easier for qualified buyers to acquire this successful
establishment.
Don't miss out on this chance to own a thriving Asian cuisine restaurant in Spokane Valley. Act now and take advantage of the motivated seller's reduced price! Contact us today to arrange a viewing and explore this exciting business opportunity.
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:
Retirement
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
Relevant Links:
Here are some of the similar listings you can choose from
Asking Price: $275,000Restaurant and Bar for sale at Dale Hallow Lake
Awesome income potential. Nestled in between two marinas on Dale hallow lake turn key restaurant and bar with 2 bedroom 2 bath down stairs. Building comes with everything you need to start conducting business upon closing. Building is being sold for appraisal value restaurant equipment is a bonus. Don't let this opportunity of a lifetime pass you by.
Asking Price: $192,000Restaurant Business Opportunity
Business Opportunity!! Established and loved restaurant in Wavland, MS … owners has another business opportunity to be apart of in New Orleans … so this is your chance to walk into an established and well working business. They have until the end of April to decide. If no one takes advantage of this opportunity then they will carry on with the business here.
Asking Price: $1,200,000Waterfront Restaurant
Turn key operation, great for many concepts.Outdoor bar and boat slips for guests visiting on boat.
Asking Price: $750,000Commercial Hood Cleaning
This business is not a luxury but a necessity for the insurance and fire departments. We clean hundreds of restaurants and more calling everyday established is 1982 and more successful than ever!
Asking Price: $8,000,000Wisconsin Club, Tavern, Food Establishment
Long established business in a tourist Meca located in a thriving Midwest state. Property was built from the ground up and includes a espansive kitchen, dining area, and dance floor. At night, the club DJ is rocking all the tunes of the times complete with its epoxy dance floor and three full bars. Not to worry though as the Sunday Game Day is also great with the numerous TV's located around the property.
Asking Price: $2,500,00011 Subway restaurant group
Superbly well located, group of 11 restaurants of the largest national franchise fast food retail store (Subway), Fast food concept, with over 5 years of continuous operation. Great growth perspectives as many other units can be added.
Asking Price: $60,000My new Listing
bnvgfkuyfky
Asking Price: $645,000Money Making Butcher Shop, Restaurant & Grocery...
Phenomenal 3 facet business complete with grocery store, restaurant & butcher shop, fully operational and profitable, very established in high traffic area.
Asking Price: $195,000Profitable, well established, great visibility!
Well established business grossing over $420,000.00 annually with secure lease for new owner
Asking Price: $500,000Italian Family Restaurant #816
Established over 25 years ago, this family restaurant is in a high traffic area and has an excellent reputation for Italian food. It is centrally located near a major university and could be easily reconfigured into a sports bar, a proven winning formula for making money. For more information, contact Brian Jones using reply to this ad button.
