Semi-Absentee Asian Restaurant in Recession-Proof Community

Asking Price$549,000

Cash Flow
$240,117
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,209,615

Inventory$15,000
Included in asking price
FF&E$70,000
Included in asking price
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Semi-Absentee Asian Restaurant in Recession-Proof Community


Asking Price$549,000

Cash Flow
$240,117
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,209,615

Inventory$15,000
Included in asking price
FF&E$70,000
Included in asking price
Business Description
UNDER CONTRACT. Established Asian and Sushi Restaurant Business for Sale in Utah With over 13 years of success in the same prime location, this restaurant has become a beloved favorite among locals and neighboring towns for its high-quality products and exceptional service. What sets this restaurant apart is its unwavering commitment to excellence, evident in its ever-evolving menus that keep customers coming back for more. The brand reputation for quality and consistency has been meticulously built over the years, making it a trusted dining destination for patrons seeking authentic Asian cuisine and fresh sushi offerings. But the potential for growth doesn't stop there. As the new owner, you have the opportunity to expand the catering services through third-party partnerships, tapping into a lucrative market segment and increasing revenue streams. By leveraging word-of-mouth referrals and nurturing repeat customers, you can further solidify the restaurant's position as a go-to dining option in the area. Moreover, with the upcoming development of a high-density apartment complex within 12 months, the stage is set for even greater success. The mature neighborhood presents a stable customer base, while the influx of new residents promises to bring fresh business opportunities and increased foot traffic to the restaurant. To maximize the business's potential, new owners are encouraged to enhance the digital presence, taking advantage of some of the local 'celebrities' in their social media.
About the Business
Years in Operation
12
Employees
15
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,697
Lease Expiration
5/31/2027
About the Sale
Seller Motivation
retirement
Transition Support
2 weeks
Listing Info
ID
2263047
Listing Views
3136

Contact Seller

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Business Listed by: Meili Myles Transworld Business Advisors of Utah County

Listing ID: 2263047 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.


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