Profitable Asian Restaurant | $837 K Plus Sales | Hard Liquor License | SBA Pre Approved just 10 percent Down
RRC# 4772
Location: San Joaquin County
Description:
After 28 years, the owners of this highly successful Asian Restaurant are ready to retire and pass on years of goodwill to a well-qualified operator. This is your chance to capitalize on this great opportunity while it lasts. Lock in a great deal now. The successful business is pre-qualified for an SBA long-term (10year) loan with just 10% down.
Therefore, an experienced operator with strong financials would be able to purchase this business investment with the SBA guarantee of 10 percent of the purchase. The Investment would also be able to pay the debt service on the loan and still have plenty of cash left over for the new owner. This investment will pay for itself and provide a great income for your family.
The restaurant Includes approximately 3,600 plus sq ft fully equipped restaurant and a huge parking lot. The attractive dining room creates a friendly atmosphere seating approximately 147 with large booths, tables, several banquet rooms and two ADA compliant bathrooms. An enjoyable dining room gives the restaurant a warm cozy feeling.
The sale also includes all fixtures and equipment sufficient to operate a high volume restaurant some of which are, several cold tables, 3 POS workstations w/ printers, three compartment sinks, water heater, Ice machine, walk-in cooler, walk-in refrigerator, 2 freezers, security cameras, monitor for cameras, PA system, grill, 2 fryers, 24 foot Type 1 hood with Ansul fire suppression system, big TV screens and much much more. Included in this deal are the leasehold improvements, fixtures and equipment, licenses, name, menu, concept, and goodwill are all included as part of the sale.
- [ ] SBA Pre- Approved at just 10 percent down ( leverage your money )
- [ ] Long term (10 years) SBA loan Locked in now
- [ ] Hard Liquor can be included
- [ ] 28 year well established successful business ( don’t reinvent the wheel )
- [ ] Turnkey OPERATION
- [ ] The Investment that pays for itself over and over
- [ ] Great family fun business
- [ ] Financial information such as tax returns, balance sheets, P & L, bank statements, POS reports, or merchant statements are only available to committed buyers who have signed an NDA , have proven purchase funds, and good credit.
Complete the Non Disclosure Agreement on our website and we'll send you the full financial information and list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity as well the broker's connections for a long term SBA loan solution. No Co-Broker #jimsellsrestaurants
Financial Information:
Monthly Revenue: $69,750
Monthly Cash Flow: $13,541
Annual Revenue: $837,000
Annual Cash Flow: $162,500
General Info:
Ownership: Sole Proprietorship
Established: 1996
Employees: Contact For Info
Reason For Sale: Retirement
Monthly Rent: $8,720 base rent
Expiration: 2025
Facilities:
Square Feet: 3,600
Seating: 147
Parking: Ample
Licenses: Health, business , abc 47 license
Days/Hours of Operation: 6 days 12-9
