Established Unique Asian Concept with $96,000 Profit
Asking Price: | $149,000 |
Gross Revenue: | $477,144 |
Cash Flow: | $96,414 |
Rent: | $4,000/Month |
Established Unique Asian Concept with $96,000 Profit; 80% of Sales Are Take Out Business
RRC# 4908
Location: Petaluma
Description:
This established concept has been around for several years and although there are several units the seller will allow the buyer to use the name, menu and proprietary items for a small yearly fee, This location is in a desirable shopping center. There are some seats inside the unit and some seats outside although 80% of the business is take out with 20% being delivery business. Some of the equipment includes as follows: 1 door under counter refrigerator, POS system, ice machine, utility sink, sealing machine, sugar machine for Boba tea, large hand sink, 3 door under counter refrigerator + sandwich station, 3 rice heaters, 3 rice cookers, 3 compartment sink, hand sink, 2 3l3ctir inductive food burners, walk-in freezer, walk-in refrigerator and mop sink. This has been operated as an absentee owner business and a hands on owner operator could potentially increase sales and profits significantly. 2023 sales were $542,111 with profits in excess of $100,000.
Financial Information:
Monthly Revenue: $39,762
Monthly Cash Flow: $8,034
Annual Revenue: $477,144
Annual Cash Flow: $96,414
General Info:
Ownership: LLC
Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $4,000 all inclusive
Expiration: June 2029
Facilities:
Square Feet: 1,156
Seating: Contact for Info
Parking: Parking lot
Licenses: Business
Days/Hours of Operation: 7 - 11a/Noon - 7:30p/8p
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