Profitable Asian Fusion Restaurant – Price Drop!

Not Disclosed, MI
Kent County

Popular Retail and Dining District

Asking Price: Annual Revenue:
$224,900 $314,712

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Asian Fusion Restaurant – Price Drop! Broker: Max Friar
Owner Financing is Available!
Limited seller financing is available for qualified buyers.

Quick Facts

Asking Price: $224,900
Annual Revenue: $314,712
Net Profit: Not Disclosed
Cash Flow: $110,150
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 8
BBN Listing #: 431045079
Broker Reference #: 664

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Business Overview:

This is an excellent opportunity for a new business owner desiring to operate an established and profitable restaurant with an enviable 4.7-star Google Review profile! This turn-key operation with loyal customers and several actionable opportunities for growth performed fantastically during the shelter-in-place orders with its fast-prep, takeout-ready menu and well-established relationships with popular delivery services like UberEats & DoorDash.

This is an Asian Fusion restaurant with a build-your-own style menu that includes gluten free and vegan options. The restaurant is located in a popular retail, entertainment, and dining district with substantial daily walking and vehicle traffic. The abundant attractions in the area make this a prime location for a restaurant with fair prices, quality ingredients, and delicious menu offerings!

The restaurant is well staffed with managers in place to oversee daily operations. The owner is seeking to focus on other business interests.

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Property Features and Assets:

Fully equipped kitchen and dining area.

Market Competition and Expansion:

Investment Highlights Include: (1) Excellent Location: The restaurant operates in a popular retail and dining district in a high-end area of town. (2) Outstanding Customer Reviews: The Business boasts very strong review profiles on Google, Yelp, Facebook, UberEats, GrubHub, and DoorDash, among others. (3) Supportive Local Community: The Business is a community-oriented restaurant that recognizes how food can bring people together. The Restaurant continues to be heavily patronized by local clientele and regularly returning customers. Growth and Expansion Pros and Cons: (1) Outdoor Dining Area and Music: Adding outdoor seating and bringing in live music entertainment could be very beneficial. (2) Optimization of Online Profiles: While the company has done a great job of building a menu with attractive descriptions and photos, it has not rolled out many of these photos and descriptions to delivery partner sites. This would be a relatively easy way to upgrade its image and draw in more eyes and orders. (3) Liquor License: Adding an alcoholic beverage menu is a relatively easy way to increase average order size with a high margin product. (4) Expansion of Menu: The Restaurant has operated with the same menu for the majority of its time in operation. A new owner could add more options or offer rotating seasonal features.

Reason for Selling:

Other business 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.

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