Long Time Asian/American Food Restaurant
Marion County, OR
| Asking Price: | $250,000 |
| Gross Revenue: | $1,288,526 |
| Rent: | $8,500/Month |
| FF&E: | $150,000 |
| Cash Flow: | $75,000 |
| Inventory: | $15,000 |
| EBITDA: | $75,000 |
| Established Year: | 1995 |
Listing ID: 2306590Listing provided by BizBuySell
BUSINESS DESCRIPTION
This business has occupied this space for over 20 years and provides a very pleasing and calming atmosphere.
Coupled with fine food and a wonderful view this restaurant provides an experience that is unmatched in the city.
The business features a full service bar, a large banquet facility and a dining area that overlooks a small stream running through the landscaped court yard and a full line kitchen.
The food is a variety of Asian and American cuisine that provides a wonderful meal for all food tastes.
The dining area well maintained with pleasing appointments with seating in large booths or tables and chairs.
The dining room and banquet room combined seat over 350 customers.
DETAILED INFORMATION
Location
Marion County, OR
Inventory
Included in asking price
Real Estate
Leased
Building SF
8,000
Lease Expiration
30/12/2025
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business occupies an 8,000 sg ft area with a full kitchen, banquet room, full bar and dining area.
The facility has excellent visibility, easy access and parking.
The fully equipped kitchen features a 24 ft hood, Hobart mixer, grills, rice makers, walk in cooler and freezer as well a complete line of kitchen ware to operate the business.
The sale price includes all of the small ware and table ware.
Competition
There are other Asian Restaurants in the area but none that offer the fine food and dining experience that his restaurant offers
Growth & Expansion
The business opportunities for growth are expanding the bar and bar hours and expanding the usage of the banquet room to more clubs and events.
Financing
Seller prefers cash
Support & Training
Owner will train and there is a trained manager available for training as well.
Reason for Selling
Retiring
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