Asian Restaurant at North West Austin Location

Asking Price$300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$35,000
Not included in asking price
FF&E$180,000
Included in asking price
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Asian Restaurant at North West Austin Location


Asking Price$300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$35,000
Not included in asking price
FF&E$180,000
Included in asking price
Business Description
Loyal Customer Base & High Growth Potential

Since 2009, the restaurant has been stayed and profited at the same location for the royal customer. The restaurant has been longest and most profitable in the area.

Strong customer loyalty with consistently high ratings on all review platforms.
Th Location is Situated in an affluent and rapidly growing area in Cedar Park & NW Austin, the business is located to take advantage of increasing foot traffic, with a major community center guaranteeing an influx of potential customers.

If you are looking for a restaurant for the stable business investment,
Call me to schedule an appointment to tour the restaurant.
About the Business
Years in Operation
16
Number of Employees
8
Facilities & Assets
2900 SF for Dinning room & Kitchen with 12ft hood and other Kitchen equipment.
Multiple Freezers, Refrigerators, a stove, deep fryers and other standard cooking equipment.
Total 20 tables & 80 chairs with the bar type.
Around 500 SF of patio can serve the BBQ party for the group guests.
Market Outlook / Competition
There is no similar business in the mall and in the 3 mile radius. So there is no competitions for the same menu.
The restaurant is located in the center of the city surrounding by the residential houses. The shopping mall is the biggest within 3 mile radius area and located at the crossing of 2 main arterial roads.
Opportunities for Growth
The restaurant has been run for more than 15 years at the same location. The sales and profit is stable over years without any change of marketing and menu. But if you can change the marketing and menu, the sales and profit will be increased.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,900
Rent
$7,200.00 per month
Lease Expiration
4/1/2029
About the Sale
Seller Motivation
Owner Retires
Transition Support
The chef & hall serving waitress can stay even if you take over the ownership. The seller can train the new owner & chef 1 - 2 weeks for sourcing the material, operating the smart system, cooking the main main menu, employee management.
Financing Options
No Financing Option
Listing Info
ID
2346882
Listing Views
811

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Business Listed by: Jessee Seo

Listing ID: 2346882 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.