Currently a 3500 sq ft Asian restaurant but would suit any future concept. The seller is the landlord and has operated the bar & restaurant for nearly 40 years. ABC type 47 hard liquor license included so the space could easily be converted to an American sports bar (much needed in the area) or remain Asian. Kitchen has a 8' type 1 hood with fire suppression system with 6 burner stove and oven, a 2 Wok stove, broiler and deep fryer and all stainless steel worktops, sinks and refrigerators plus ample storage. The main bar has 12 barstools plus some high tables, while the dining room seats a further 90. Currently of Asian decor but as the seller is also the landlord he is open to all concepts plus a possible break in the rent during a remodel. A new lease would be negotiated but would be around $1 per sq ft. 1/2 mile from downtown Fresno and located next to many new condo's and apartments. Asking price $85,000 for all FF&E, ABC license, full kitchen and new lease. Please complete the 'Non Disclosure Agreement' on our website and we'll send you the lease & list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationSole Proprietorship
  • Established1980
  • Current Owner1980
  • EmployeesContact For Info
  • Reason For SaleRetirement

Facilities

  • Seating100
  • Square Feet3500
  • ParkingStreet
  • LicensesHealth, ABC Type 47 Hard Liquor License
  • Open HoursWeds - Fri 11am - 8pm Sat & Sun 4pm - 9pm Closed Monday and Tuesday

Lease

  • Rent$3,800
  • ExpirationNew Lease Negotiable
  • Yearly IncreaseContact For Info
  • OptionNew Lease Negotiable
  • Deposit$3,800

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$Contact 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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