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Established Asian Noodle Restaurant In Centreville For Sale

Centreville, Virginia
Asking Price:
$350,000
Sales Revenue:
$1,000,000
Cash Flow:
$262,372

Absentee owned, Well-established Asian noodle restaurant with great reputation for excellent customer service & high quality foods. Located inside a very busy strip shopping center, this restaurant has earned a loyal customer base since it opened in 2003. It was remodeled in 2007 to double its capacity for up to 95 customers. All equipment are professionally maintained and in excellent condition. The double capacity, high efficiency HVAC system is newly installed as of 2013. Owners are retiring. Restaurant can be converted to a different food concept, if need be, by the buyer. Don’t miss it!

Property information

Real Estate:

Lease

Premises Details:

Well laid out 3,000 sq/ft Vietnamese restaurant with plenty of available parking space. Total rent: $10,000/mo. Current lease expires on September 30, 2018. However, landlord will offer longer lease to qualified buyer/tenant.

Business Operation

Expansion Potential:

Possible by doing more advertising/marketing. Also if new owner will be involved in the day-to-day operations, owner's compensation will simply increase!

Competition / Market:

Prime location!

Reasons for selling:

Other interests

Trading hours:

Day Open: M-F 10:30am – 9:00pm; Saturday: 9:30am -9:00pm; Sunday: 9:30am – 8:00pm.

Employees:
7
Years established:
2003

Other Information

Support & training:

2 weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

SBA financing available with 25% down-payment

Inventory / Stock value:
$5,000

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