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Sushi & Pan-asian Rest - Net $1M For Sale

Bucks County, Pennsylvania, US
Asking Price:
$3,300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,440,427
Cash Flow:
$1,020,485

Bank preapproved with only 11% down ($362,000) netting over $1M!

Established Pan-Asian & Sushi Restaurant – Operating Since 1999

PLEASE NOTE: YOU MUST HAVE RESTAURANT EXPERIENCE IN ORDER TO PURCHASE THIS BUSINESS AND GET BANK FINANCING

This is a well-established full-service Pan-Asian restaurant specializing in sushi and modern Asian cuisine located in a busy shopping center in bucks county. Established in 1999, the restaurant has built a strong reputation in the community with a loyal repeat customer base and very high consistent cash flow.

This opportunity is ideal for an owner-operator or experienced restaurant operator looking to acquire a long-standing restaurant with stable operations and opportunities for expansion. This business is fully staffed for an owner to step in.

Highlights

• Only $362,000 down to purchase

• Bank preapproved for qualified buyer – must have some experience in the restaurant field

• Owner oversees the operation

• Fully staffed!! – we included $80,000 to pay an asst. manager plus give a $20,000 raise to manager

• Established in 1999 with same ownership

• Consistent cash flow and predictable repeat business

• Year-over-year growth with strong sales history

• Located in a busy shopping center with strong visibility

• Experienced staff and manager in place

• Large 4,855 sq. ft. recently renovated space

• Opportunity to expand takeout, lunch service, and catering

• Owner willing to provide training for transition

. Has a Liquor License

Property Information

Real Estate:

Lease

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Owners are retiring after successfully operating the restaurant since 1999.

Trading hours:

M–Sat 11:30–2:30/4:30–9:30; Sun 4:30–9:30

Employees:
12 FT/13 PT
Years established:
27

Other Information

Support & training:

Will train for 8 weeks @ $0 cost.

Financing available:

Lender pre-screened with $362K down.

Furniture / Fixtures value:
$500,000 - included in the asking price
Inventory / Stock value:
$75,000 - included in the asking price