Buffet $893K Sales New Concept Potential

Salinas, CA
Monterey County

Monterey County


Asking Price: Annual Revenue:
$88,000 $893,711

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Buffet $893K Sales New Concept Potential Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $88,000
Annual Revenue: $893,711
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 9
BBN Listing #: 5038931
Broker Reference #: 8609

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Business Overview:

Long established profitable Asian buffet restaurant of 11,000 square feet with eight self-serving islands, a large private room seating total of 280 customers. Located at a major shopping center with plenty of packing for local patrons and busloads of tourists. Potential to add a night club in the basement of additional 8,000 square feet. Bonus 2/F office spaces of 800 square feet. Well equipped kitchen with 16-foot type 1 hood, 8 gas stoves for wok cooking, large walk-in cooler and multiple refrigerators, the industrial dishwashing machine, food preparation island, 6-burner stoves, oven, and much more. Seasoned team and experienced cooks. Gross about $900,000 with further growth potential. The owner will provide 2 weeks of training at 20 hours per week 8609

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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