This restaurant is located in highly shouted City of Davis. Restaurant is situated inside of large size neighborhood shopping center along with high density residential in surrounding, good traffic corridor, and not that far away from the UC Campus.
This well established Asian restaurant was built out by current owner about six years ago, and past years were the golden robust years in operation, tripled the revenue currently doing. Reason for downward in revenue is mainly due to shopping center owners are in the process of converting the whole shopping center toward mix use with apartment with retail shops. Call broker for more details. According to seller, project will take few years, and he has the dialog and some supporting documents. Also, Seller indicated landlord to work with new buyer and defray the restaurant in Tenant Improvement allowance or most likely participate in built out in future relocation.
Past few years revenue downward revenue caused by anchor tenant moving out inside of the mall, and building owner not doing any long term leases for inside spaces, which is the part of plan in preparation of the shopping center conversion.
Current seller, has been running this restaurant as an absentee past several years, as he owns another restaurant in Sacramento, and resides way out in Placer county, which is about an hour away.
Revenue: Approx $35K Mo
Facility: Approx 950 sqft, including small storage area
Lease: Approx. 3 years, remaining
Rent: $2,580, including NNN
Employee: Around 10, 1 full time
6 days Operation: Mon-F: 11- 9pm, Sat: 12-9, Sunday Closed
Restaurant is nicely built out with walk in cooler.
Ideally, best suitable for Husband and wife team to operate to recapture return on the investment quickly, and upside potential of redevelopement of whole shopping center, can be very positive feature, which building owners already moving forward.
To get more information about this Asian Restaurant business for sale in
Davis, Yolo County please phone Sam Choe (Broker - BRE License #:01471915) at 916-364-7561 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #261031 on BizBen.com. In addition to phoning
Sam Choe, make sure you email Sam Choe above to get more info about this
Asian Restaurant, to ask any questions or request an appointment to see this
business for sale. Thank you.
Related Links And Information Regarding This Posting
Niche business purchase financing advisory and loan placement services with SBA and Non-SBA Financing, Retirement Fund Rollover Solutions, Combo Financing Packages. To get professionally pre-qualified or more information on the ProBuy/ProSell Programs: 925-785-3118.
Founder Of BizBen.com (since 1994). I am the Lead Advisor for the ProSell, ProBuy, & ProIntermediary Programs. I consult daily with buyers, sellers, and brokers daily about buying and selling California small to mid-sized businesses. Call 925-785-3118.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of SF Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process. Call 925-787-0770.
Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
People always need to eat; there should be plenty of business. Some restaurant buyers think there is prestige to owning a popular eating establishment. But it isn't an easy business purchase. Peter Siegel, MBA (BizBen Founder, ProBuy & ProSell Program Director at 925-785-3118) reviews this topic.
Buying a restaurant (no matter what type) can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant intermediaries and advisors weigh in on this BizBen Discussion about the best way to find, purchase and run a restaurant successfully!
Ever wonder what is involved in obtaining business purchase financing to buy a business or franchise? Peter Siegel, MBA who has over 25 years advising on all types of financing for business buyers in this BizBen Podcast & Webinar - SBA loans, Non-SBA Financing, Alternative Financing Sources.
I provide niche business purchase financial advisory and loan placement services with SBA and Non-SBA Financing, Retirement Fund Rollover Solutions, Combo Financing Packages, etc. To get more information about getting Pre-Qualified & more info on the ProBuy/ProSell Programs: 925-785-3118 Direct.
What are the actual "provable" adjusted net earnings (cash flow) of a small to mid-sized business being purchased? Buyers need to look carefully at all financial info for the "real" adjusted net income/cash flow. Peter Siegel, MBA (BizBen ProBuy & ProSell Lead Facilitator) at 925-785-3118 explains.
Purchasing a business with no money down can be difficult, but not impossible. Financing a business purchase or down payment can often be accomplished with these strategies offered from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) in this post.