Insanely Profitable Asian Restaurant and Karaoke Bar for Sale!

PRICE RECENTLY REDUCED!  SELLER IS MOTIVATED! Check out this very profitable karaoke bar and Asian Restaurant for Sale.  Sales of over $542,000 in 2018 with Seller's discretionary income of almost $140,000!  Seller is motivated.  This deal won't last long.

This established Asian restaurant for sale has a karaoke bar and is located in a busy strip center with a variety of other Asian businesses on the north side of the Denver, Metro area.  It features good signage, easy access, great visibility and plenty of parking.  Established in 2014 it serves traditional  Chinese dishes and Thai specialties, has a full liquor license and a thriving Karaoke late-night business.
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There is a large entrance area that protects your guests from the wind and cold when the door is being used.  The dining room seats about 80 with an additional 8 seats at the fully stocked bar in this gorgeous restaurant for sale.  There are also several private ''K-TV'' Karaoke rooms that seat from 6 to 18 people.  Each is equipped with a karaoke machine, speakers, microphones and at flat screen TV.  They are used on a first-come-first-served basis or reserved for large parties and special occasions.  It is really the best of its kind set up in the entire Denver, metro area and We Sell Restaurants has an eye for what is currently trending. 

The fully equipped commercial kitchen has it all and can support any menu.  There is a below-ground grease trap, a huge 30-foot hood system, walk-in cooler and freezer, fryers, an 8 wok system, an 8 burner stove, 3 fryers and plenty of hot and cold storage.  In addition, there are 3 rice cookers, a large mixer, a slicer and an abundance of food storage and preparation equipment. You have everything you need for any concept you can think of in this restaurant for sale.  Rent is very competitive at $6,800 per month for over 5800 square feet.  There is one year left on the lease and a 5-year option.

This restaurant for sale has strong financials and has shown a consistent rise in profits and sales every year since first opening. The staff is loyal and well trained and the seller will stay on for a negotiated period of time to ensure a smooth transition for a new owner.  Some Seller financing could be available to a well-qualified Buyer.

Please click on the tab below to easily acknowledge confidentiality on this Restaurant for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Bob Steinberger at (303) 901-4938

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Listing

  • Listing#: 6697
  • Price: $299000
  • Location: Broomfield
Lease Term: 1 year left plus 5 year option.
Monthly Rent: $6800
Indoor Seating: 70
Inside Sq. Ft: 5800
Hood System: Yes
Neighboring Businesses: Asian grocery, 2 Pho restaurants, Asian tea house, other Asian businesses and restaurants.
Hours Open: Sun - Thur 11am - 9pm Friday and Sat 11am - 9:30pm
# of Part-Time Employees: 2
# of Full-Time Employees: 4
Net Sales: $542012.00
Owner Benefit: $142169

Features

  • Very profitable Asian restaurant for sale
  • Private karaoke rooms - fully equipped
  • Sales of over $540,000 and Seller's Discretionary Earnings of over $140,000
  • Full liquor license
  • Fully equipped commercial kitchen
  • Walk-in cooler and freezer
  • Great location in strip center
  • Good signage, parking access and visibility
  • Restaurant for sale