Successful Asian Restaurant in Northshore

Not Disclosed, MA
Essex County

North Shore

Asking Price: Annual Revenue:
$320,000 $950,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Successful Asian Restaurant in Northshore Broker: Todd Smith

Quick Facts

Asking Price: $320,000
Annual Revenue: $950,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 757124983
Broker Reference #: Not Disclosed

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Business Overview:

Long Established and well-known Restaurant with high profile location on main street in desirable Northshore town. This is an A+ location enjoys excellent visibility and huge traffic counts. With over 20 years in business, the restaurant enjoys a long history of success with a strong repeat clientele. Specializing in Chinese and Japanese food, this restaurant offers sushi bar and catering. Dine in or take out, the comfortable and warm ambiance provides a fabulous experience for diners. From friendly service to a relaxing atmosphere, the staff welcomes you every time.

PARKING: Ample parking
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: Seller owns the building and will negotiate a lease with the buyer
BASE RENT: $6,500 per month plus NNN
CONCEPT: Chinese/ Japanese cuisine
SEATING: Capacity of 78 persons
SIZE: 3,300 square feet
HOURS: Open from 11:00 AM – 10:00PM 6 days, closed Monday
LICENSES: Full Liquor License
SALES: $950,000 in 2018
ASKING PRICE: $320,000 (For the Business)

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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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