printEstablished Asian Restaurant, with Real Estate
Restaurants - Ethnic Restaurant
Contact Information
John Willingham
CBI, CCIM, CRB, CRS
Sunbelt Business Brokers
phone: (661) 323-2358 x 214
CONTACT US
TODAY
| Status | Active |
|---|---|
| Listing ID | N525-JW |
| Listed Price | $440,000 |
| Down Payment | $440,000 |
| SDE | $90,840 |
| Total Sales | $329,551 |
| Asset Info | |
| Inventory† | $2,000 |
| Furn., Fixtures & Equip.† | $50,000 |
| Real Estate† | $330,000 |
|
† Included in price |
|
Reason For Sale
Retirement
Operations
| Year Established | 1987 |
|---|---|
| Form of Ownership | Corporation |
| Absentee Owner | N |
| Franchise | N |
| Days & Hours | Monday-Sunday 10-9 |
| Years Owned | 24 |
| Business Age | 25 |
Location
San Joaquin Valley| Type of Location | |
|---|---|
| Lease Expires | |
| Security on Lease | |
| Location Comments |
Executive Summary
Business Description
Well established Asian Restaurant with consistent income history for the last 4 years. 41 Liquor License and inventory included in the price. Building and equipment appear to be in good condition. Get out of the rat race and be your own boss, while enjoying the easy lifestyle of California’s Central Valley.
This business is being sold with the Real Estate also listed and priced at $440,000. The above rent should cover your loan payments and you will start building equity in the real estate, which will enable you to see more profit when you exit the business in the future.
This business has made a living for three families, put their children through college and is now enabling them to retire. If you like working with the public and enjoy the rewarding feeling of providing a valuable service, then this business is for you. Call now to get started becoming an independent business owner.
© 2012 California Association of Business Brokers 