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Real Estate & Profitable Chinese - Sushi Restaurant
Location: United States -> Georgia
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

A High Profit and well-established Chinese and Sushi Bar since 2014, located in a very busy Cumming, GA is available.
$425,000 - Restaurant Business producing SDE of $468,029.00
$1,000,000.00 - Building 8,250 SF./ 3,850 SF being used for the restaurant

This restaurant offers Chinese, Thai River and Japanese Cuisine along with a beer and wine menu. Loyal following and great foodis the strength of this business. Take out and Delivery services provide over half of their sales. The restaurant has their own drivers for deliveries eliminating the high cost of using Uber Eats, Doordash, etc. In 2020, this restaurant kept pace with their 2019 revenues averaging $90,000 per month and in 2021 they kept the growth going by topping $1.1 million is sales while driving the cash flow to $468,029. Their model was already in place prior to the covid crisis which put them in a great position to maintain the revenue levels of prior year when so many other businesses had to close their doors. The in-house dining has continue to grow through 2021 and into 2022 as well.

The owners wish to sell the property along with the business but are willing to separate the business if a buyer does not want to acquire the property as well. The building is approximately 8,250 SF. The restaurant and storage use about 4,900 SF of the building. The owners will set a rent price for the building if a buyer wants to just purchase the business. This is a great opportunity to own a highly rated restaurant that has consistently produced high income for the past several years.
There is not another restaurant in the immediate area that has the same concept, branding and quality of food than this Chinese restaurant. With the diverse menu they have of Chinese, Thai River, Japanese Cuisine and Sushi & Sashimi, they have a developed a very strong and loyal customer following. They had great foresight in creating a model that combines delivery, take out and in person dining


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,141,422
Cash Flow:   $468,029
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $115,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2013
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  relocation

Photos

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Real Estate & Profitable Chinese - Sushi Restaurant Photo 1




Print Listing Id: 700365283
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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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