Established Asian Restaurant—Great location with Full Bar

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Restaurants & Food Businesses for Sale

  • Primary Category: American Restaurants for Sale

This is an opportunity to acquire a well-established and profitable Asian bistro restaurant with a 10-year operating history. The restaurant serves diverse Asian cuisine and sushi with a full bar in a highly visible, high-traffic location. Turnkey infrastructure is ready for you to continue serving their regular customers, or transform the space with your own concept.

This an attractive opportunity for an owner-operator or a strategic buyer seeking to expand within the restaurant sector. The landlord will negotiate a lease extension or a new lease with a longer term. The existing lease has 2.75 years remaining.

Highlights:

- Established Reputation in a great location (high traffic, high median income location)
- Turnkey Operation: Fully equipped with all necessary kitchen appliances and and dining space
- Loyal Customer Base: A dedicated clientele provide an opportunity for continued success

Financial Information

  • $275,000 Asking Price
  • $80,000 Cash Flow
  • $803,000 Gross Revenue
  • N/A Down Payment
  • Yes Financing
  • N/A Adjusted EBITDA

Business Location

  • City: Stamford
  • State: Connecticut

Financing Comments

  • The Seller is willing to consider some Seller Financing on a Case-by-Case Basis.

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2014
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 7
  • Part-Time Employees: 2
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: N/A
  • Monthly Rent: $10,250
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 3920
  • FF&E Included?: Yes
  • FF&E Value: $80,000

Facilities

  • Seating capacity of 73. Total of 3,920SF, with 2280 SF on the top level, 1640 SF on lower level. Free parking.

Real Estate Description

  • The square footage is approximately 2280 SF on the top level, with 1640 SF on the lower level, for a total of 3,920 SF
Business Listed by
image of Brian Brattigan
Brian Brattigan
Sunbelt of Boston
Email Brian
Show Phone Number
Listing ID
BOSTOMA002-58556

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