Asian Bistro. Very Profitable, Prime Location, Turnkey

pbb-ab

Asking Price:

$210,000

Revenue:

$1,290,000

Cash Flow:

$125,000

Company Overview

NW Florida

Asian Restaurant & Sushi Bar. Prime Location, Turnkey, Profitable!

Beautiful Asian restaurant/sushi bar in the area’s premier location with substantial walk-by traffic. The majority shareholder wishes to sell their 60% ownership. The business is profitable and has a well-trained staff & management with a loyal customer base. The business has a combined seating inside & outside of 50+. Business is the only Asian Restaurant in this area with a long-term lease and low rent.

An unusual opportunity to own a profitable, turnkey business that offers:

  • Long-term lease with extremely low rent at $1,840/month, which is 1.8 %
    of sales
  • Well-established; started in 2014
  • No direct competition as this is the only Asian restaurant in the market area
  • Profitable with rapid growth
  • Sale includes inventory $10,000; FF&E $30,000; leasehold improvements $80,000
  • Truly outstanding reputation with excellent food

And more!

General Information

Year Established: 2014

Employees: 18F/T

Facilities: Located in one of the most dynamic growth areas in the panhandle. First-class décor and many leasehold improvements make this one of the most popular restaurants in the area. The facility consists of 1,900 sq. ft. and seats 50+ inside & outside. It has one of the best sushi bars in the area.

Market Outlook

Competition: No direct competition as this is the only Asian restaurant in the market area.

Growth Expansion: Profitable with rapid growth.

About the Sale

Financing: The seller will provide financing with a 50% cash injection at below bank financing rates to a qualified buyer.

Training: The seller will provide sufficient training to ensure a smooth transition at no charge, if applicable.

Reason for Selling: Seller wishes to pursue other business interests.

Financial Summary

Asking Price: $210,000
Revenue: $1,290,000
Cash Flow: $125,000
Real Estate: Lease
FF and E: $130,000 (incl in sale)
Inventory: $10,000 (incl in sale)

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