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Authentic Asian Cuisine Restaurant - Outstanding Reputation

Listing Number: 16971-166854

Description

Motivated Seller: Price Dropped for Quick Sale!
Only $125,000 Down Payment with Seller Financing is Available for the Remaining Balance.
Also, Bank financing is in progress to help buyer purchase the business with a lower down payment.

This well-established Asian cuisine restaurant has been proudly serving the Spokane Valley community for over 16 years. With a focus on customer service, the freshest ingredients, and maintaining high-quality standards, it has become the go-to restaurant for authentic Asian cuisine in the area.

Key Features:
1) Prime Location: Situated in a bustling area, the restaurant enjoys high foot traffic and excellent visibility.
2) Competitive Pricing: The reasonably priced menu attracts a diverse customer base, ensuring a steady flow of patrons.
3) Loyal Customer Base: Over the years, the restaurant has cultivated a dedicated following of satisfied customers who keep coming back for more.
4) Tremendous Growth Potential: Currently operating only five days a week from 4:00 PM to 9:00 PM, there is ample opportunity to expand operating
hours and capture additional revenue.
5) Limited Competition: Enjoy the advantage of low competition in the area, ensuring a strong market presence.
6) Seller Support: The seller is committed to assisting the new buyer during the transition period, providing valuable guidance and expertise.

Financial Highlights:
* Strong Seller's Discretionary Earnings (SDE): This restaurant generates an impressive SDE of $233,171 in 2022, demonstrating its profitability and
potential for further growth.
* Affordable Investment: With only $25,000 - $125,000 (estimate) as a down payment, this opportunity offers an accessible entry point into the
thriving restaurant industry.
* Seller Financing: The seller is open to financing the remaining balance, making it easier for qualified buyers to acquire this successful
establishment.

Don't miss out on this chance to own a thriving Asian cuisine restaurant in Spokane Valley. Act now and take advantage of the motivated seller's reduced price! Contact us today to arrange a viewing and explore this exciting business opportunity.

Listing Details

  • Price: $ 249,000
  • Down Payment: $26,000
  • Sellers Discretionary Earnings: $ 237,348
  • Total Sales: $ 796,750
  • Location: Spokane County, Washington

  • Inventory: $ 6,000
  • FF&E: $ 104,961
  • Employees: 7
  • Year Established: 2005
  • Reason for Selling: Retirement
  • Category: Restaurants
Authentic Asian Cuisine Restaurant - Outstanding Reputation

Business Listed By:

Caroline Kelliher
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