Sushi & Pan-Asian Rest - Net $1M 11% Down

NOT DISCLOSED, Pennsylvania

Asking Price $3,300,000 Year Established 1999
Annual Revenue $3,440,427 Reason for Selling Owners are retiring after successfully operating the restaurant since 1999.  
Annual P/L $0 Attention Joseph Chiarello
Annual Cash Flow $1,020,485 Listing Number 1007858  
# of Employees 25 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Bank preapproved with only 11% down ($362,000) netting over $1M!

Established Pan-Asian & Sushi Restaurant – Operating Since 1999

PLEASE NOTE: YOU MUST HAVE RESTAURANT EXPERIENCE IN ORDER TO PURCHASE THIS BUSINESS AND GET BANK FINANCING

This is a well-established full-service Pan-Asian restaurant specializing in sushi and modern Asian cuisine located in a busy shopping center in bucks county. Established in 1999, the restaurant has built a strong reputation in the community with a loyal repeat customer base and very high consistent cash flow.

This opportunity is ideal for an owner-operator or experienced restaurant operator looking to acquire a long-standing restaurant with stable operations and opportunities for expansion. This business is fully staffed for an owner to step in.

Highlights

•               Only $362,000 down to purchase

•               Bank preapproved for qualified buyer – must have some experience in the restaurant field 

•               Owner oversees the operation 

•               Fully staffed!! – we included $80,000 to pay an asst. manager plus give a $20,000 raise to manager

•               Established in 1999 with same ownership

•               Consistent cash flow and predictable repeat business

•               Year-over-year growth with strong sales history

•               Located in a busy shopping center with strong visibility

•               Experienced staff and manager in place

•               Large 4,855 sq. ft. recently renovated space

•               Opportunity to expand takeout, lunch service, and catering

•               Owner willing to provide training for transition

.                Has a Liquor License 

Property Features and Assets:

<p>Assets = $725,000</p>

Market Competition and Expansion:

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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