Outstanding Philadelphia Asian Fusion Restaurant for Sale. Open only two years, this location is completely turn-key. Sales continue to grow month-over-month with quarterly sales now surpassing $250K and Annual 2022 Revenue of just under $1 Million. Q4 2022 Owner Earnings, adjusted for non-recurring expenses, is $30,000 with annual 2023 earnings projecting to be in the six figures. Semi-Absentee owner allows for a Full Time Owner Operator to Drive Additional Earnings. Owner Will Consider Some Seller Financing.
You are the missing piece to this Asian Restaurant for Sale
's success! We've got great news. You can be instrumental in seeing this opportunity grow and flourish under your ownership. Bring in new customers through your restaurant experience, leadership skillset & work ethic, and watch your sales grow even more than this popular and profitable restaurant is already experiencing with monthly average sales approaching $90,000. The restaurant serves delicious and fresh fast casual Asian fusion dishes in a casual atmosphere.
Everyone knows that in the last few years rents in major cities have gone through the roof and the cost of new equipment and construction is at an all-time high. Plus, you can spend way more than $199,000 to open a new restaurant with no guarantees of success. The lease rate at this Restaurant for Sale is already in place just $11500 per month for this 1600 square foot space plus 800 SQFT Basement. The current lease is valid through the end of 2024 with a 5-year option to renew. Being only two years old, you know the location and equipment are in great condition contact The Restaurant Brokers at We Sell Restaurants
for more information on this great deal!
Located just steps from Philadelphia famed shopping, dining, and lifestyle neighborhood, "Rittenhouse Square" in the heart of the office district where tens of thousands of the cities professionals break for lunch and dinner each day and companies provide catering for their teams. The restaurants' interior design and brand identity were done by top architecture and design firm. This Restaurant for Sale has a comprehensive online ordering, marketing, and loyalty platform with over 10k users.
With the last two quarters showing sustained sales growth and Seller Discretionary Earnings of around $10,000 per month, this one shouldn't last long. The Sellers of this Restaurant for Sale are selling fast to focus on other business ventures and are even willing to consider some seller financing.
If you are a natural-born entrepreneur, with the drive to succeed and you have spent years working for someone else, then now is the time you took charge of your own destiny! We bet there is something inside of you wanting this opportunity, so don't let anything stop or hold you back! This Asian Restaurant for Sale is your chance to finally realize your dream of ownership.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the 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 Steve Weinbaum at (770) 714-4552
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