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Profitable Mall Asian Buffet And Sushi Restaurant
Location: United States -> Georgia -> Buford
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

13,000 square foot freestanding Chinese buffet and sushi restaurant on a busy road just steps away from the highway and The affluent Mall of Georgia! The two owner operators have decided to go their separate ways after a partnership disagreement and are sacrificing the business for only $179,000.00 after putting over $300,000 into build-out, furniture, fixtures, and equipment last year when they opened! The seller states that the gross sales are around $90,000.00 with 15% profits! There are roughly fifteen employees already in place. This is a turn-key opportunity to own a large, busy, and profitable business with below market rent! With roughly 300 seats, and two private party rooms, there is plenty of room to make money. There are four years left on the lease and the rent is only $8,000.00 a month! Business is listed for sale confidentially. Inquire today.

Contact: Katie Arlt - Restaurant broker with Just Restaurants
Most Easily Reached By E-mail or Call 678-760-2666.

Possible buyers will be asked to signed a property disclosure and confidentiality agreement. Seller may require proof of funds for the project before the business name and address are disclosed. Photos may not be actual photos of the business.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,080,000
Cash Flow:   $162,000
Cash Flow Type:  EBITDA
Inventory:  $300,000
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Moving out of state as well as partnership disagreement.




Print Listing Id: 700165450
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Georgia Businesses For Sale > Georgia Franchises For Sale > Georgia Business Brokers



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