Established Asian Restaurant—Great location with Full Bar
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
- $300,000 Asking Price
- N/A 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
Brian Brattigan
Sunbelt of BostonContact Business Broker
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