Posting Details

Asian Restaurant For Sale - Davis

Price Reduced, SBA Pre-Approved - Asian Restaurant with Patio Located in Downtown Davis

RRC#: 3059
Asking Price: Offered At $265,000
Location: Davis
Annual Revenue: $678,189
Annual Cash Flow: $170,813
Monthly Rent: $4,800 inc NNN

Listing Description:
Highly Profitable $1,760 sq ft Asian Restaurant with annual sales of $678,000 and owners profit of $170,000. Husband and wife team with 10 employees, open for Dinner only except weekends and closed on Monday's has a tremendous growth potential for like minded new owners. The Quality Dining room is in excellent condition with 65 seats plus a further 30 on the street side patio. The Kitchen is compact but there is a walk-in Cooler with walk-in Freezer, plus 8 burner stove with oven, broiler and double deep fat fryer, all under a 10 ft Type 1 hood with fire suppression system. New refrigerated worktop and ample stainless steel prep surfaces makes for a very efficient kitchen work space. An ABC type 41 beer and wine license and under market monthly rent at $4,800 monthly with a long lease is all included. Davis is a major university city with 40,000 students attending California UC Davis. This student influx make for a huge up swing for businesses in general within the city and this restaurant takes full advantage of the high student population. Priced reduced to $265,000 with pre-approval for a long term SBA loan, buyer's may only need $75,000 down for a ROI of $170,000 annually. Please complete the Non Disclosure Agreement' on our site and we'll send you the name and address with the full financial information, 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 Information:
Organization: Contact For Info
Established: 1990
Current Owner: 2003
Employees: 10
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $56,515
Monthly Cash Flow: $14,234
Annual Revenue: $678,189
Annual Cash Flow: $170,813
Payroll: $9,858
Monthly Revenue: $56,515
Monthly Cash Flow: $14,234
The listing # 244788 Asian Restaurant - Davis below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Asian Restaurant in Davis please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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