Charming and bustling restaurant in the heart of Tucson

Asking Price$35,000

Gross Revenue
$150,000

Net Operating Income$60,000

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Front view of LemonGrassSave

Charming and bustling restaurant in the heart of Tucson


Asking Price$35,000

Gross Revenue
$150,000

Net Operating Income$60,000

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Property Description
Hello everyone,

I’ve shared everything I can about my restaurant, Lemongrass, below. But don’t just take my word for it—check out our Google reviews and see for yourself. The feedback speaks volumes.

https://tinyurl.com/44sy3xk2

It's been my dream to serve healthy and special meals to the people of Tucson. After years of success, I've decided to move to the East Coast to be closer to my son, and now I am offering my beloved Lemongrass restaurant for sale.

About Lemongrass:

Opened in August 2019 in Silver City, NM, with a rent of just $700/month.

Immediate success with repeat customers daily.

Relocated to Tucson in March 2020 due to family reasons.

Business Details:

Annual revenue: $165K (potential to double with extended hours). Please note that I manage this restaurant with my wife without any other employees and we have to regularly turn away hungry customers because we can only cook for so many people. You can easily double your earning potential by extending the operating hours and hiring kitchen staff members.

Current hours: 11:30 AM - 1:30 PM, 5:00 PM - 8:30 PM.

Seating capacity: 30 (including an open patio).


Why Lemongrass?

Strong customer base with regular dine-in and take-out orders.

Prime location on 4th Avenue with high foot traffic.

Fully equipped and well-furnished.

Simple transition: no dealing with complex Pima County health department requirements.

Take Over and Start Earning from Day 1: This is a unique opportunity to own a successful restaurant in a vibrant community. Just buy our business and start making money from the first day.

Visit our website for more details: Lemongrass Tucson

Don't miss out on this chance to step into a thriving business!

Please note that I am offering everything in the restaurant for the asking price of $35,000. However, I am also willing to sell my recipe and train you for an additional amount. Please consult if you want recipe and training.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
Equipment: 3 single-door refrigerators, 1 double-door refrigerator (all new), new range hood (installed 3 years ago), 2 freezers, prep tables, ice maker, cooking pots, and furniture for 30 people.
Location Description
Right in the heart of 4th Avenue in Tucson
Current and Prior Use
Property currently under leases for 2250/month and the owner is willing to extend the lease.
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Base rent includes water fees. Electricity, wifi, and gas per month ranges between 300-350.
Listing Info
ID:
2350576
Listing Views:
1904
Business Location

Contact Seller

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Property Listed by: Tank Ojha

Listing ID: 2350576 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.