Profitable Asian Restaurant in Convenient Location

Not Disclosed, TN
Anderson County


Asking Price: Annual Revenue:
$100,000 $747,017

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Asian Restaurant in Convenient Location Broker: Doug Kose
Owner Financing is Available!

Quick Facts

Asking Price: $100,000
Annual Revenue: $747,017
Net Profit: Not Disclosed
Cash Flow: $76,464
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 41654611
Broker Reference #: 5182-907131

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Business Overview:

This Asian restaurant was established four years ago in a great location next to a major anchor tenant that drives high daily traffic. The restaurant provides authentic Chinese and Japanese cuisines at affordable prices with a fresh ingredients. Great team in place that has excellent customer service and a friendly atmosphere.

In 2018, business did sales over $747,000. Owner did the build-out of the restaurant and spent over $500K in leasehold improvements that includes high quality booths, tables, bar and décor.

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Market Competition and Expansion:

There is very little competition of this quality of Asian cuisine in the area Potential Growth: Growth opportunity is to be open seven days a week (currently closed on Wednesdays) and add a comprehensive marketing plan.

Reason for Selling:

Relocating

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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