In 2001, a man began with a dream, and a lot of buildout money to establish a restaurant of his very own. He plugged along, building delivery, dine-in, and a solid customer base. He rode the peaks and valleys to get to the point of $520,000 (2019) in sales and $82,000 in owner’s benefit. Even the pandemic of 2020 was unable to stop him, he managed through the tough times and made a small profit on $300,000 of sales that year, by providing a way for his loyal customers to enjoy the first-rate dishes they know and love within the comfort of their own homes via takeout and delivery. After twenty years in the restaurant business and with things starting to get back to normal, the owner is finally ready to retire and enjoy the rewards of his hard work, while you reap the rewards of this profitable Restaurant for Sale.
This beautiful Restaurant for Sale
in the Saddle Rock area, is strategically located close to the mall, in a complex on one of the busiest streets in the area. It is nestled up against a neighborhood with the high-income demographics you are looking for, solid strip mall traffic and pedestrian counts, and a great quality of business life. The restaurant for sale itself set in this prime location is surrounded by zip code with 41,219 people with an average household income of $150,991. Median age is 38, high disposable income, lots of families nearby, and you guessed it, your business can be located right in the center of it all!
This Restaurant for Sale by We Sell Restaurants
has established itself from their competitors, developing a solid delivery customer base, and a comfortable dine-in space. The menu features popular, authentic Asian cuisine from family style meals to rice noodle bowls. Chinese food is the beginning, but a quick look at the menu takes you through Vietnamese specialties, and even lands you in the world of Thai Cuisine. Those customers that had the foresight to dine-in, get the opportunity to sip on a drink supplied by the fully stocked liquor bar, (did I mention that there is a Liquor License for transfer?).
Inside is 1,965 square feet unit, this business seats approximately 50 people. This excellent location has a rent of only $5,900 including NNN's. With only 6 months left on the current lease, you will have the best of both worlds by either looking to take over the existing lease and continue in his place, or negotiating for a brand-new lease. Either way, you should have plenty of time to enjoy the fruits of the current owner’s work.
The fully equipped commercial kitchen is ready to provide you with everything you need to hit the ground running, in fact, it is running right now. A commercial-sized exhaust hood equipped with fire suppression, sits above a 5-eyed wok range, a 4-eyed cooktop, a twin basket commercial fryer, and a grill. Across the room is the dishwasher, ice machine, prep tables, and wire rack shelving. There is a grease trap, a walk-in cooler, and a walk-in freezer, as well as an area for dry storage, to support all the cooking you will be doing. Thrown in is the 2-door commercial fridge, meat slicer, rice steamers, steamer table, and a 3-door refrigerated prep table to complete the ensemble.
Whether you are looking to step in with the existing concept or planning to pursue a concept of your own, the annual gross sales in recent years will propel you on your journey in a hurry. Priced well below the market standard, this opportunity will go fast. A match made in heaven.
For more information on this Restaurant and Bar for Sale, visit our website www.wesellrestaurants.com
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