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Asian Restaurant For Sale
Location: United States -> Minnesota -> Minneapolis
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Buy this Asian Restaurant for Sale with 32 years of Successful Business in Downtown Minneapolis. Sales of nearly half a million dollars delivers nearly $77,000 to an Owner Operator!

This Asian restaurant for sale offers delivery and take out as well as a comfortable restaurant located next to all of the downtown activities. Turn the key and you are ready for business!

This Asian restaurant for sale offers you the opportunity to get into business and take over a profitable long standing business in downtown Minneapolis. The location is 4000 square feet, and has a full basement for additional storage. This Asian restaurant for sale features a full bar with a full liquor license, and features specialities drinks from around the world. The business also features a private dining room or party room and the total seating holds 135 people. The large windows in the dining room allow for an abundance of natural light into the dining room.

The rent is very reasonable at $7500 per month at the Asian Restaurant for sale offered by We Sell Restaurants. The landlord will sign a new 5 year lease, with a 5 year extension. The current owners started working at this business in 1985 before buying to realize their own American dream. After nearly two decades of successful operation, they are finally ready to retire.

This Asian restaurant for sale features an award winning and authentic cuisine indluding Szechuan, Cantonese, Mandarin, and Hunan Dishes. All the dishes are made to order with delicious sauces that have been carried down through the generations. Delivery and Take out accounts for almost 40% of the restaurant revenue. The owner will transfer all the recipes and train a new operator. This Asian Restaurant for sale is surrounded by upscale apartments, hotels, and office complexes.

This prime location can continue to be run as the current concept or can easily be converted to another.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $496,409
Cash Flow:   $77,356
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1985
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Retirement

Photos

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Asian Restaurant For Sale Photo 1




Print Listing Id: 700282262
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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 > Minnesota Businesses For Sale > Minnesota Franchises For Sale > Minnesota Business Brokers



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