Business Overview:
PRICE RECENTLY REDUCED! SELLER IS MOTIVATED! Check out this very profitable karaoke bar and Asian Restaurant for Sale. Sales of over $542,000 in 2018 with Seller's discretionary income of almost $140,000! Seller is motivated. This deal won't last long.
This established Asian restaurant for sale has a karaoke bar and is located in a busy strip center with a variety of other Asian businesses on the north side of the Denver, Metro area. It features good signage, easy access, great visibility and plenty of parking. Established in 2014 it serves traditional Chinese dishes and Thai specialties, has a full liquor license and a thriving Karaoke late-night business.
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There is a large entrance area that protects your guests from the wind and cold when the door is being used. The dining room seats about 80 with an additional 8 seats at the fully stocked bar in this gorgeous restaurant for sale. There are also several private ''K-TV'' Karaoke rooms that seat from 6 to 18 people. Each is equipped with a karaoke machine, speakers, microphones and at flat screen TV. They are used on a first-come-first-served basis or reserved for large parties and special occasions. It is really the best of its kind set up in the entire Denver, metro area and We Sell Restaurants has an eye for what is currently trending.
The fully equipped commercial kitchen has it all and can support any menu. There is a below-ground grease trap, a huge 30-foot hood system, walk-in cooler and freezer, fryers, an 8 wok system, an 8 burner stove, 3 fryers and plenty of hot and cold storage. In addition, there are 3 rice cookers, a large mixer, a slicer and an abundance of food storage and preparation equipment. You have everything you need for any concept you can think of in this restaurant for sale. Rent is very competitive at $6,800 per month for over 5800 square feet. There is one year left on the lease and a 5-year option.
This restaurant for sale has strong financials and has shown a consistent rise in profits and sales every year since first opening. The staff is loyal and well trained and the seller will stay on for a negotiated period of time to ensure a smooth transition for a new owner. Some Seller financing could be available to a well-qualified Buyer.
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Property Features and Assets:
Host stand
SS prep table
2 open signs
20 chairs
8 bar stools
9-4 tops
2-6 tops
4 booths
Bar
Keg cooler
POS system
copy machine
ice well
2 door glass cooler
Flat screen TV
Service Area
Microwave
Glass door reach in cooler
SS sink
BOH
3 SS hand sinks
mixer
2 door reach in
glass door reach in
2 door stand up cooler
3 rice cookers
vacume
ladder
can opener
Ss prep table
8 eye burner with stove
large gas burner
2 fryers
2 sandwich prep coolers
8 wok cooking system
microwave
misc food storage
walk in cooler
walk in freezer
dishwasher
ice machine
2 Ss prep tables
Ss 3 comp sink
slicer
5 SS prep tables
mop bucket
Misc food storage shelving
Pots and pans
6 unit soup well
30 foot hood
K-TV rooms
6 flat screens
6 karaoke machines
12 mics
6 speaker systems
Market Competition and Expansion:
Best facility of it's kind in Denver. 6 ''K-TV'' booths for parties and special occasions. Large, well equipped kitchen will support any menu.
Reason for Selling:
Health
Additional Details:
- The property is leased.
- The owner is not 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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