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Truckee - Profitable Asian Restaurant with Full Kitchen, Beer & Wine on Main Hwy with Ample Parking.
Placer County, California

Asking Price

$225,000

Office Listing #

3043
Revenue $57,250 / month Lease Rent 3700 including NNN
Cash Flow $7,917 / month Square Feet 1200
Direct Link www.restaurants-for-sale.com/28642

    

$95,000 in Annual profit on sales of $686,000 in 2017. Sales in 2018 are currently running well over an annualized $750,000 with profits exceeding $100,000. Located in a modern strip mall with ample parking and main Hwy access, currently open just 4pm - 9pm six days a week, so there is so much scope to increase the revenue and profitability or just enjoy the limited hours, profits and the relaxed Tahoe lifestyle. Good books and records with verifiable financials set in a great location with all the staff in place and good revenues and provable cash-flow. There has been a Asian restaurant at this location for over 25 years and at only 1,200 square feet with a low monthly rent of $3,700 including NNN, this an easily managed business. An ABC type 41 Beer and Wine license is also included with the sale and the full kitchen with 10ft Hood and fire suppression system, deep fryer, broiler, 6 burner stove and ample refrigeration and freezers with s/s work surface throughout, lends itself to add many hot food items to the current menu. All the equipment, the name, goodwill and ABC license is included. This is a perfect size restaurant for an owner/operator to excel in this bustling, high real estate housing market area. $1 million homes are the norm with access to California's Best Ski Resorts and family summer vacationing. The local population is also fast growing keeping up with the rapid population growth of high income residents and visitors. Jump into restaurant ownership and enjoy immediate profit with a lifestyle to match. Please complete the ‘Non Disclosure Agreement’ on our site and we’ll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail.

  

General Information

Organization Corporation
Year Established 2015
Current Owners 1994
Employees 12
Operating Hours 4.00pm - 9.00pm Wednesday - Monday
Reason For Sale Other Interests
   

Facilities

Seating 40
Square Feet 1200
Parking 50+
Licenses Contact For Info
   

Financials

Revenue $57,250 / month
Cash Flow $7,917 / month
Payroll Contact For Info
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease 3700 including NNN  
Expiration 2021  
Yearly Adjustment $50 monthly  
Option 4 year option  
Deposit 6000  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Keith Simpson
Steve Zimmerman
Restaurant Realty Company
phone: 415-945-9701
fax: 415-945-9702

www.restaurantrealty.com

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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
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