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

Business Summary

PRICE REDUCED>>Profitable Asian Restaurant for sale in growing area near Colorado Springs is ready to go for new owner / operator. Earnings of nearly $59,000! Bring your offers today!

This money making Asian restaurant for sale is located in a strip center anchored by a large chain grocery store. It has great visibility and parking and easy access to I-25 as it is right off an exit. Tastefully decorated, this Asian restaurant for sale seats 75 in the dining room. The business was established in 2010 and has been owned and successfully operated by the Seller since 2015. The Seller must move out-of-state; therefore creating an exciting opportunity for a new owner of this Asian Restaurant for Sale. The Seller will stay on for a negotiated period of time to train the new owner.

The business opportunity offered by the restaurant brokers currently is a Pho concept, serving Pho classics, appetizers, noodle bowls and lettuce wraps to loyal regulars and travelers on one of the busiest sections of interstate in Colorado. This is one of the hottest cusines trending now and is highly profitable and easy to operate. Online reviews of this Asian Restaurant for Sale are very good and business has been building since the current owner has taken over. Very good financials are available that show sales of over $262,000 and Seller's discretionary income in excess of $58,000. Delivery is a huge opportunity as they currently do not do it nor do they use a service such as Grubhub etc.

Most of the fixtures, furniture and equipment is owned by the landlord but free to use by the operator for the term of the lease. Rent is $4,800 per month with 5 years left on the lease and another option possible. Water and trash removal are included with the lease. The kitchen is large with a 14 foot hood and fire suppression system. Contact your Colorado, Certified Restaurant Broker Bob Steinberger at 303-901-4938.


Asking Price Range:  < $250K
Gross Revenues:   $216,641
Cash Flow:   $58,879
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  TBN


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Asian Restaurant For Sale Photo 1

Print Listing Id: 700282012
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