Business For Sale

Sba Pre-approved-Profitable Asian Restaurant

Davis, CA
Yolo County


Asking Price: Annual Revenue:
$288,000 $678,180

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Sba Pre-approved-Profitable Asian Restaurant Broker: Steve Zimmerman

Quick Facts

Asking Price: $288,000
Annual Revenue: $678,180
Net Profit: Not Disclosed
Cash Flow: $170,808
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 984411533
Broker Reference #: 3059

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Business Overview:

Highly Profitable $1,760 square feet Asian Restaurant with annual sales of $678,000 and owners profit of $170,000. Husband and wife team with 10 employees, open for Dinner only except weekends and closed on Monday's has a tremendous growth potential for like minded new owners. The Quality Dining room is in excellent condition with 65 seats plus a further 30 on the street side patio. The Kitchen is compact but there is a walk-in Cooler and walk-in Freezer, plus an 8 burner stove with oven, broiler and double deep fat fryer, all under a 10 ft Type 1 hood with fire suppression system. New refrigerated worktop and ample stainless steel prep surfaces makes for a very efficient kitchen work space. An ABC type 41 beer and wine license and under market monthly rent with a good lease is all included. Davis is a major university city with 40,000 students attending California UC Davis. This student influx has a huge up swing for businesses in general within the city and this restaurant takes full advantage of this high student population. Priced well at $285,000 with pre-approval for a long term SBA loan, buyer's may only need $75,000 down for a ROI of $170,000 annually. Please complete the ‘Non Disclosure Agreement’ on our site and we’ll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail. RRC#: 3059

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 1990 | Current Owner: 2003 | Employees: 10 | Seating: 65 + 30 Patio | Square Footage: 1760 | Parking: Street | Licenses Required: Health, Business & ABC Type 41 License | Days Open/Hours: Tues-Thurs 5pm-9pm, Fri 11.30am-10pm Sat & Sun 12pm-10pm | Reason For Sale: Retirement.

FINANCIAL INFORMATION:
Yearly Revenues: $678,180 | Yearly Cash Flow: $170,808 | Payroll: $9,858.

LEASE INFORMATION:
Monthly Rent: $4,800 inc NNN | Lease Expiration: 2019 | Yearly Adjustment: 3% | Lease Option: 5 year Option | Security Deposit: $4,599.

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Additional Details:

  • The property is owned.
  • 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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