PRICE REDUCED to just $295.000!! A Prime Corner Location Asian Restaurant in East Sacramento with a modern, casual but well known respected name in the Sacramento metro area. The style is a combination of various type of asian food including singaporean, chinese, thai, etc. Lunch is counter service with table delivery (Extremely efficient, especially as the minimum wage increases). Small plates highlight the extensive dinner menu, encouraging diners to sample and share a variety of flavors. Specialties include Thai curries, stir-fries, grilled meats and fish, and vegetarian options. This is a high income (Annual Sales of $1.1 million) restaurant with 80 seats and a Type 41 beer and wine license and an extremely busy "To Go" business. The restaurant is centrally located and within walking distance from the new Sutter Medical Center and close to Midtown with a long and competitive lease. A Large monument sign with great visibility on a corner location and great curb appeal make this restaurant a 'Must See'! The new restaurant renovation was constructed in 2010 with total opening costs of over $800,000. Now available at only $295,000. A full list of the equipment included with the sale and 3 years of financials with the lease are available to all buyer once our confidentiality agreement is signed. The opportunity to increase business and enjoy much larger profits is all there and can be developed with new energy and passion. Owners are accepting genuine offers from well qualified buyers. Complete the 'Confidential Information' request at the top of this page and we will send you the name and address of this business plus the financials & the lease. We will also send you the broker contact information so you can discuss this restaurant opportunity in more detail.

General Info

  • OrganizationLLC
  • Established1970
  • Current Owner2010
  • Employees28
  • Reason For SaleOther Interests

Facilities

  • Seating80
  • Square Feet2605
  • Parking16 + Street
  • LicensesHealth, Business and ABC Type 41 beer and wine
  • Open HoursMon - Sun 11am-9.00pm

Lease

  • Rent$8466.25 Inc NNN
  • Expiration2020
  • Yearly IncreaseContact For Info
  • Option5 years
  • DepositContact For Info

Financials

  • Monthly Revenue$100,000
  • Monthly Cash Flow$10,000
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$$41,500

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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