Asian Restaurant For Sale Nets More Than $130,000
Fort Lauderdale, FL Broward County
Seller's Contact Information
- RE: Asian Restaurant For Sale Nets More Than $130,000
- Contact: Ken Eisenband
Quick Facts
| Asking Price: | $149,000 | |
| Annual Revenue: | $576,163 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $106,671 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 10 | |
| BBN Listing #: | 32498096 | |
| Broker Reference #: | 9343 |
Business Overview:
The Asian Restaurant for Sale in Broward County, Florida provides $131,671 for the husband-and-wife team that operates the restaurant.
This Asian Restaurant for Sale opened for business in March of 2020 and was an instant success. The quality of the menu offerings, friendly service, and comfortable atmosphere has been well received in the local community. The gross sales in 2021 were $576,163. The husband-and-wife team that operate the restaurant took home $131,671. The restaurant has a staff of 8 employees. Closed on Tuesday, the restaurant is open Wednesday through Tuesday from 11 am – 9 pm. The restaurant's social media contains very high-quality content, and the website allows for online ordering. These accounts will transfer to you at the time of sale.
The restaurant is in a very busy and popular shopping center. Anchored by a National big, box retailer and home to successful restaurants, retailers, and service providers this shopping center will deliver customers to your door daily. More than 175,000 residents with an average household income of almost $80,000 live in the three-mile radius of the shopping center. This Asian Restaurant for Sale occupies 2,125 square feet and seats 64 guests in the comfortable dining room and another 10 just outside the front door. The monthly rent is $5,376 including all CAMS and taxes. The lease expires on October 31, 2024, and there are two five-year options attached.
The Asian Restaurant for Sale by We Sell Restaurants has a fully equipped commercial kitchen that features an exhaust hood that is twenty feet long and inground grease trap. Under the exhaust hood sits a six-eye burner, char broiler, two oven combo unit, another six-eye burner, wok cooker, and two candy stock pot burners. The restaurant an ice machine, commercial refrigeration throughout and much more. The front of house is nicely decorated and the seats and furniture are very comfortable. This is a turnkey operation that can provide six figures immediately to a husband-and-wife team.
The menu is comprised of Vietnamese cuisine. The restaurants menu has more than 15 different PHO options, starters, and other entrees. All products are prepared in-house. The husband of the husband-and -wife team runs the kitchen. His wife works part-time in the front of house. The sellers of this Asian Restaurant for Sale will remain for 14 days of training at no additional cost.
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Property Features and Assets:
20 tables 24 chairs 37 cushioned chairs 3 highchairs 2 stools POS system by Qwest dishwasher glass door beverage cooler 5 prep tables 2 blenders two door beverage cooler snow ice maker hot water brewer ice machine three door sandwich cooler two door sandwich cooler table top oven six eye burner charbrioler two oven combo unit six eye burner wok cooker freezer chest 2 candy stock pot burners freezer chest microwave utility cart stand up two door freezer glass door beverage cooler residential freezer two door stand up cooler residential freezer SS shelving assorted pots pans utensils speed rack slicer television
Market Competition and Expansion:
Located in very popular shopping center anchored by Walmarts.
Reason for Selling:
Other
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
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