Summary
- Asking price:
- $1,300,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $1,417,000
- Cash flow:
- $521,466
- Years established:
- 2006
- Employees:
- 12FT 14PT
Business description
This is an Asian theme restaurant with a diverse menu that that includes steak, seafood and sushi. A full bar compliments this 5000 sq.ft. restaurant. "Casual Elegance" is how the owner describes the ambience of this establishment. As it is currently configured,the main dining room seats 88; a seperate banquet romm can seat 55 comfortably.
Property information
- Real Estate:
- Lease
- Lease terms:
- Primary term expires 7/2011; seller will exercise 5 year option for renewal
- Leasehold rent:
- $64,000 per annum
Other information
- Competition / Market:
- This is considered to be the best restaurant in the area; both in ambience/atmosphere and menu quality.
- Support & training:
- Seller will assist in transition
- Reasons for selling:
- Seller has health issues
- Trading hours:
- Monday-Thursday 11am-10pm
Friday-Saturday 11am-11pm
- Furniture / Fixtures value:
- $331,998 (included in the asking price)
- Inventory / Stock value:
- $8,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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