Quick Service Fast Casual Asian Bowl Restaurant

Not Disclosed, OH
Lake County

Asking Price: Annual Revenue:
$99,000 $405,551

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Quick Service Fast Casual Asian Bowl Restaurant Broker: Bill White Jr.
Owner Financing is Available!
$49,500 down/$49,500 over 48 months @ 7%.

Quick Facts

Asking Price: $99,000
Annual Revenue: $405,551
Net Profit: Not Disclosed
Cash Flow: $35,008
Total Debt: Not Disclosed
FF&E: $18,740
Real Estate: Not Disclosed
Year Established: 2015
Employees: 13
BBN Listing #: 1324955
Broker Reference #: 4301-16530

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Business Overview:

Fast-Casual Asian style bowl restaurant with countless, customizable combinations of fresh ingredients including meats, seafood, 15 unique sauces, and over 25 different veggies to create your favorite bowl combination over white or brown rice, cabbage, or lo mein noodles. Nearly 5 stars on Google, Yelp, Facebook, UberEats and GrubHub! Located in a very high traffic location ideal for the community. Similar to easy to operate franchises but without the royalty fees!

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Property Features and Assets:

$2,150 per month. 1,875 square feet located in a high traffic strip plaza with visibility from the road. Complete with seating area and fully functioning kitchen. Assets = $25,240.

Market Competition and Expansion:

The dining options nearby this restaurant are many and varied. A Domino’s Pizza is located across the street, a well respected full service local chain restaurant is very nearby as well. There are several nearby options for burritos, frozen yogurt, and a variety of other concepts along with the standard fast-food options. Competition is robust but there seems to be room for this unique Asian bowl concept that stands out in a world of hamburgers, sub sandwiches, and burritos.

Reason for Selling:

Other Business Interests.

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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