Business For Sale Listing 155109
Owner Absentee Asian Fusion Restaurant-Major Mall
Status as of Nov-21-2008 at 05:59 PM: Off The Market
Business Summary
A highly profitable modern asian fusion restaurant being operated with very minimal involvement of owner is now available for acquisition with a modest initial investment as assumable loan in place is available for qualified buyer. The restaurant mainly serves asian fusion foods including freshly prepared appetizers, salads, soups, noodle, rice dishes, stir-fried, steamed or grilled meats & vegetables. Being located in the hub of this major open mall, the high visibility of the restaurant draws a lot of customers from tremendous traffic flows passing by especially over weekend.
Facilities: The restaurant is being occupied in a 2,561SF of highly visible space of major mall (Town Center) with national retailers like Macy, Dillard, and more. Gorgeous interior of the restaurant is embedded with modern style furnitures, fixture, and decorations. Immaculately maintained kitchen with a full of top of line equipment is open to customers for them to enjoy watching their ordered foods being made.
Competition: Being located in major mall, there is no direct competitor who is in same type of restaurant business in the mall. As Asian restaurant, only one Japanese restaurant is found in the mall, but there is one Asian restaurant found outside the mall who can be considered as a direct competitor.
Growth And Expansion: Being owner absentee business, more pro-active involvement of owner in the restaurant in terms of marketing, operation, etc is needed to increase sales and profit thus reaching its full potential. Catering business is another market that can be tapped by new owner to boost sales.
Support/Training: Seller will provide an adequate training for a smooth transition.
Reason Selling: Other Interest.
Year Established: 2005
Employees: 7PT/5FT
Furniture, Fixtures & Equipment: $150,000 (Included in listed price)
Inventory: $5,000 (Included in listed price)
Financing: Assumable loan available to a qualified buyer.
Categories
| Industry: |
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| Location: |
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| Other: |
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Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ( $628,046 ) |
| Profits: |
Between $100 Thousand and $500 Thousand ( $121,972 ) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $100 Thousand and $500 Thousand ( $255,000 ) |
