READING, Pennsylvania
| Asking Price |
$750,000 |
Year Established |
|
|
| Annual Revenue |
$1,756,192 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Jeffrey Ye |
|
| Annual Cash Flow |
$471,428 |
Listing Number |
1018922 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Established Asian Restaurant with Full Liquor License - Prime Commercial Location| $950 K buildout
This well-established Asian restaurant has been serving Berks County since 2008, building a strong reputation and loyal customer base over 16 years of continuous operation. The business operates from a premium location within a bustling shopping mall, strategically positioned near major box stores and residential areas, ensuring consistent high-traffic flow.
Operational Highlights:
• 188-seat indoor dining capacity with dedicated party room
• Full-service catering operations
• $175,000 liquor license included in sale
• Wine and beverage sales represent 15% of total revenue
• Well-maintained kitchen equipment and facilities
• Experienced, stable staff team
• Strong Google ratings and community reputation
Location Advantages:
• Highest traffic location in Berks County
• Shopping mall placement with major retail anchors
• Proximity to residential neighborhoods
• Ample parking facilities
• Mixed customer base of local residents and tourists
Revenue Diversification:
• Full-service restaurant operations
• Private party and event hosting
• Catering services
• Beverage program including wine and liquor sales
• Senior citizen and veteran discount programs
Growth Opportunities:
• Enhanced marketing and promotional activities
• Expanded cuisine offerings
• Strategic pricing optimization
• Facility renovation potential with minimal investment
• Improved operational management with more dedication
This turnkey operation presents an exceptional opportunity for an experienced restaurateur to acquire a profitable, established business in a prime location with significant growth potential. The restaurant benefits from minimal advertising needs due to its established reputation and strategic location, offering immediate cash flow with substantial upside through enhanced management and marketing initiatives.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity