Business Overview:
Own this Beautifully Built Out Asian Restaurant for Sale for Under $100,000. The Restaurant has been open and operating for 15 years. Pre-Covid Revenue averaged around $500,000 Annually. Owner is Relocating.
Opened in 2006, this Asian Restaurant for Sale in Savannah GA was an instant success. The location generated around $500,000 in annual sales and received terrific reviews and feedback. In 2016 the Owners sold the restaurant for much more than they are asking today. After several years, the Owners took back the restaurant. They now want to relocate and have priced this well known long standing restaurant and an unbelievable low price of under $100,000.
The Asian Restaurant for Sale by We Sell Restaurants is 1,800 square feet with a very reasonable gross rent of $4,000 all in. The lease is assignable and has over four years remaining. It can seat up to 70 guests inside and out. In addition to a grease trap and hood, the restaurant is fully equipped and furnished with a custom fish tank, 3-hole wok, flat grill, 6 burner broiler, fryer, walk in cooler, metro shelving, single door refrigerator, sandwich unit, under counter refrigeration, ice machine, rice cooker, Sushi counter cooler, tables, chairs, booths and more.
Owning this Restaurant For Sale and living in Savannah Georgia is more than a business decision, it's a great lifestyle choice. Savannah, is a wonderful coastal Georgia city, separated from South Carolina by the Savannah River. It’s known for manicured parks, horse-drawn carriages and antebellum architecture. Its historic district is filled with cobblestone squares and parks. It is close by to so many other beautiful areas like Hilton Head and Tybee Island drawing patrons from outside the metro Savannah area. Curb side and Catering business has grown adding additional profitable revenue streams. Savannah's tourism numbers continued to grow to record levels. The estimated total number of visitors for the year was 14.8 million, generating $3.1 billion in visitor spending.
A restaurant like this would typically sell for double the asking price but the owners are motivated to sell fast and have priced accordingly. Contact your restaurant brokers at We Sell Restaurants today.
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Property Features and Assets:
20 Tables
40 chairs
7 booths with seats
custom fish tank
3 hole wok
flat grill
6 burner broiler
fryer
walk in cooler
metro shelving
single door refrigerator
sandwich unit
2 sliding door reach in
undercounted refrigeration
double door freezer
deep worktop freezer
under counter refrigeration
pureforce dish machine
dirty dish table
clean dish table
spray nozzle
hand wash sinks
3 compartment sink
built in prep sink table
3 compartment bar sink
ice machine
rice cooker
sushi counter cooler
water heater
prep table
hood
Market Competition and Expansion:
Catering
Marketing
Open and Operating 15 years
Savannah GA has millions of visitors
Reason for Selling:
Relocation
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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