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.
Organization: Contact For Info
Current Owner: 2003
Reason For Sale: Retirement
To get more information about this Asian Restaurant business for sale in
Davis please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #244788 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Asian Restaurant, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
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