Full service Asian restaurant franchise with to go food counter and coffee/tea/juice bar located in a new shopping center. Handsomely furnished with quartz table tops, wood tile floors and designer lighting. Light and bright throughout with seating for 98 people. Offering dine in and to go service. Serving quality food with excellent reviews! Opened in May 2017 after over a year of construction. Very popular with locals, business clientele and police and fire employees. They also host several local schools for fundraisers. Features all new electrical, plumbing, HVAC, grease trap, walk in cooler & freezer, 20ft hood and cook line. This center offers 24 hour security, ample parking and increasing traffic. Monthly franchise fees are $3000 a month plus an additional $400 a month for marketing regardless of sales. Transfer fee is $13,000 and includes 2 to 3 weeks of in store training. Sales are growing as the center gains new occupants and customers monthly. This is currently an absentee owner operation and sellers are selling due to other business obligations. Delivery service with Door Dash, GrubHub etc

General Info

  • OrganizationCorporation
  • EstablishedMay 2017
  • Current Owner2017
  • Employees20
  • Reason For SaleOther Interests

Facilities

  • Seating98
  • Square Feet3200
  • ParkingParking lot
  • LicensesContact For Info
  • Open Hours10am-10pm daily

Lease

  • Rent$8,900 with cams
  • ExpirationJune 2022
  • Yearly IncreaseContact For Info
  • Option10 year
  • Deposit3 month deposit

Financials

  • Monthly Revenue$66,680
  • Monthly Cash FlowContact For Info
  • Annual Revenue$802,560
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

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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