This award-winning family restaurant has been serving Asian Fusion cuisine for over thirty years and has developed a loyal following in the community. It’s located on the corner of a major shopping center and has great visibility from the street. The dining area is tastefully decorated with Asian art with seating for forty plus. It is fully equipped and has a type 41 ABC license. Currently it serves lunch five days a week and dinner every day except Sunday. The owner is ready to retire and transfer this money making operation to a new operator.
- Asking Price:
- $310,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $516,720
- Cash Flow:
- $100K - $250K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease goes until 1-31-25. New lease available. NNN charges of approximately $1,058 month.
- Leasehold Rent:
-
$38,676 per annum
- Location:
-
It has a corner location in a major shopping center in an affluent Santa Clara County community.
- Premises Details:
-
1,170 sq. ft. with rent of $3,223. . n Lease goes until 1-31-25. New lease is available.
- Size in square feet:
- 1,170
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
Lunch 5 days a week from11:00 to 2:00 and dinner six days from 5:00 to 8:30
- Employees:
- 1 F/ & 5 P/T
- Years established:
- 1987
Other Information
- Support & training:
-
Two weeks training at 25 hours a week
- Inventory / Stock value:
- $2,500 - included in the asking price
- Home based:
- This business can be run from home.
