Asian Restuarant Gig Harbor Location For Sale

Business description

Outstanding location. Established Asian Restaurant located in Gig Harbor in high-end shopping center with a great deal of foot traffic and near very popular movie theatre. Very strong lunch and dinner business. Excellent reviews, established customers, very popular and very profitable.

Although this is a highly successful and profitable restaurant the location and current assets would allow
for an excellent transition opportunity to a new concept.

Property information

Location:

Over $450,000. Invested in opening this business three years ago. Everything is brand new. Restaurant
is beautiful,. Dinning areas and amenities were designed for an outstanding customer experience. Professionally appointed kitchen; 12 ft hood, walk-in fridge, freezer, prep, amble storage. Kitchen is
truly a chef’s dream. Dinning area, bar and lounge is very attractive and very functional.

This beautiful and successful restaurant has 3566 sf and seating for 84. Two-years remaining on a 5 year lease with two-five year options. Rent is $10,440. including NNN. Outstanding experienced staff of 15.
Open seven-days per week 11:00 AM

Premises details:

Outstanding location. Established Asian Restaurant located in Gig Harbor in high-end shopping center with a great deal of foot traffic and near very popular movie theatre. Very strong lunch and dinner business. Excellent reviews, established customers, very popular and very profitable.

Although this is a highly successful and profitable restaurant the location and current assets would allow
for an excellent transition opportunity to a new concept.

Business Operation

Expansion potential:

This is already an extremely successful restaurant however the owners have done little promotion and
marketing. The food is excellent and many customers get food to go and delivery and outside catering
would make the business even more popular and profitable.

Competition / Market:

This business is an established Thai Vietnamese restaurant. Very popular, loyal customers, outstanding cuisine with outstanding reviews. Although this is a highly successful and profitable restaurant the location and current assets would allow for an excellent transition opportunity to a new concept.

Reasons for selling:

Family and other business interests

Trading hours:

11:00 AM - 9:00 PM - Seven Days Per Week

Employees:

15

Years established:

2008

Other information

Support & training:

Seller will assist with transition and training as required by buyer.

Financing available:

“Possible” with full price offer with large down payment from a qualified and experienced buyer.

Furniture / Fixtures value:

$375,000 (included in the asking price)

Inventory / Stock value:

$15,000