• Listing ID: 1183449
  • (Seller ref: 1020)

Asian Restaurant In Northeast Texas For Sale


Location:
Category:
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Type:

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

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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.


Real Estate:
Lease
Lease terms:
Primary term expires 7/2011; seller will exercise 5 year option for renewal
Leasehold rent:
$64,000 per annum

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)

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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