Iconic Downtown Asian Dining Establishment

Pierce County, WA

Seller Financing Available

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Asking Price:$275,000
Gross Revenue:$2,000,000
Rent:$15,000/Month
Established Year:2005
Cash Flow:$85,000
Inventory:$20,000
FF&E:$500,000
BUSINESS DESCRIPTION

Here is your opportunity to own an iconic Asian dining establishment located in a growing key downtown commercial business core. With nearly 20 years of goodwill under their belt this name-brand restaurant has served 10’s of thousands of patrons authentic and fresh fare from their top-of-the-line kitchen facility. Several profit centers include private dining and banquet hall options and a dedicated full-service lounge. The entire facility is beautifully furnished and designed for efficient and high-volume service. Just seconds from the freeway and light rail line. This restaurant is centrally located near a popular college campus, growing dense urban housing, business centers and attractions like museums, a stadium and a convention center. All furniture, fixtures and equipment are in good to great maintained condition. Priced to sell, you can’t build it for this price! Selling due to a change in business interests.


DETAILED INFORMATION
Location
Pierce County, WA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,800
Employees
46
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Premise size is 7,800 SF with seating for 200+. Premises is sprinklered. Type-1 and Type-2 hood vents, 250-galllon in-ground grease trap, (2) walk-in coolers + walk-in freezer, just to name a few.
Financing
Financing available for qualified purchasers.
Support & Training
Training and transition period negotiable.
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Andrew
Babcock
Pacific Commercial Brokers
Andrew Babcock