* Included in Asking Price
Price Reduced!! A Prime Located Asian Restaurant In Central Sacramento With Great Curb Appeal.
Asking Price: $295,000
Location: Sacramento Midtown, Sacramento, California
Yearly Revenue: $1,200,000
Yearly Cash Flow: $120,000
Monthly Rent: $8,466
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.
Organization: LLC | Year Established: 1970 | Current Owner: 2010 | Employees: 28 | Seating: 80 | Square Footage: 2605 | Parking: 16 + Street | Licenses Required: Health, Business and ABC Type 41 beer and wine | Days Open/Hours: Mon - Sun 11am-9.00pm | Reason For Sale: Other Interests |
Yearly Revenues: $1,200,000 | Yearly Cash Flow: $120,000 | Payroll: $41,500 |
Monthly Rent: $8,466 | Lease Expiration: 2020 | Lease Option: 5 years |
Seller Reference #2392
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