Profitable Asian Restaurant With Upside Opportunity
Profitable Asian Restaurant With Upside Opportunity
Price: $223,000
Location: Watertown, NY
Industry: Restaurants and Other Eating Places
Listing ID: 100562
Highly profitable restaurant currently serving Thai and Chinese food can operate with the current concept or your own concept. The location is ideal for a restaurant and has good visibility and low rent. The restaurant is located off a highly trafficked highway and next to a drive-thru fast food concept.
The business has lots of upside potential for a new owner who is looking to grow the business.
The current owner is running it as an owner-operator and is looking to sell to spend more time with family. The owner is committed to a successful transition and is willing to train the new owner in all aspects of the restaurant. This restaurant is ideal for an owner-operator, family-run business, and experienced restaurant owners.
Seller financing is available, on a case-by-case basis. $260,000 price for seller-carry with 50% down.
Total Sales: $353,520
Cash Flow: $124,462
FFE Included: Yes
Inventory: $2,000
Inventory Included: Yes
Reason For Sale:
To spend more time with family.
Training & Support:
The current owner is offering training and support during the transition period.
Year Established: 2015
Employees: 5
Monthly Rent: $2,415
Square Footage: 1700
Competition:
There is limited competition in the immediate area of the restaurant.
Potential Growth:
There are several opportunities to grow the business including adding a liquor license, full-service dining, catering, breakfast, expanding opening hours, and opening on the weekends.
For more information on this listing, please complete our Non-Disclosure Agreement
