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Home » Businesses For Sale » Restaurants » Utah » Listing BFS-170176

Asian Grill w/ Karaoke & Live Music

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Location

  • CityNot Disclosed
  • State Utah
  • CountryUnited States

Not Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Seller Financing Available?
  • Management Will Stay?

**ASSET SALE** **All Cash Price REDUCED to $49,000-Below Asset Value** **MAKE OFFER VERY MOTIVATED SELLER**
Asian Grill is a newer establishment that has lots of potential. The equipment and interior have been very well done and still have the new “leather” feel to them. The ceiling has been opened up in the dinning area to give it the “loft” feel. Do not let the outside fool you as it shows very well and is surprisingly nice on the inside with the new flooring, paint, equipment, etc.

It has room to seat 50-60 people, has a small office area. On Fridays and Saturdays the will occasionally have live music and/or Karaoke. The musicians will get the $5 cover charge from the door. We have several pictures on file so feel free to ask for them.

The owner has put over $120,000 into getting this place up and running and insuring that it complies with city ordinances. The current owner even spent over $20k putting a grease interceptor outside by the street and sewer to make more room inside the establishment. The landlord is very flexible and will allow the new owner take over the rest of the existing lease or sign a new one.

It has been up and operating since June of 2008, although it has grown month over month as an Asian Grill, however we are presenting this as an Asset Sale. This would make a great Mexican restaurant and /or a good place to have private karaoke parties and catering to enhance your income. The current owner has done no advertising making this place have a good upside potential.

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