Business Overview

Tremendously successful and profitable Independent Asian Restaurant for sale in Collier yields semi-absentee owner discretionary earnings of nearly $300,000. 2021 sales topped $1.7MM!
Many years of million dollar plus sales, consistent six figure profitability and strong owner benefit throughout the downturn. This beautifully designed restaurant for sale has seating capacity of 100 combined indoors and out. A warm and welcoming atmosphere with contemporary décor, comfortable seating and a fun ambiance keep the customers coming back again and again. Beer and wine license. No need for a build out or permits. Acquire a business with strong sales and cash flow from day 1. Additionally, no franchise transfer, royalties or marketing fees.
This Restaurant for Sale by We Sell Restaurants has below market rent. That is less than 6% rent factor in 2021 on a 2400 square foot space in a highly desirable area of Collier Florida. Lease expires in November 2023 and has one 10 year option to renew. Grease trap is underground and there is a full hood exhaust system, walk-in cooler and freezer plus plenty of extra storage space and refrigeration.
Third party delivery services are already incorporated into this well established Asian restaurant’s revenue stream. 2020 was not a bad year and 2021 numbers are phenomenal.
Semi-absentee owned business. Full management team and chef are in place. The restaurant is fully staffed.
Need lending assistance? This Restaurant for Sale can be financed with our lending partners. If your credit score is 680 or above, contact the restaurant brokers at We Sell Restaurants for an introduction to our teams that can have you approved in the next 48 hours.
Completely turnkey, this Asian restaurant is fully equipped, staffed and ready for a new owner. Seller will provide 2 weeks training as part of the transition to new ownership. Take advantage of over 8 years of goodwill, tremendous, consistently strong revenue stream and great cash flow.

Financial

  • Asking Price: $539,000
  • Cash Flow: $292,095
  • Gross Revenue: $1,773,908
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,578
  • Lot Size:N/A
  • Total Number of Employees:30
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Equipment List Sushi Bar Flaky Ice Maker Worktop Refrigerator 5 foot Worktop Refrigerator 4 foot Worktop Freezer 5 foot Sushi Case Refrigerator 5 foot Sushi Case Refrigerator 6 foot Sushi Case Refrigerator 7 foot Microwave Prep Table 5 foot Draft Beer Dispenser 5 foot Sake Wamer Kitchen Hood System Deep Fryer Charcoal Grill 6 Burner with Oven 2 Chamber Wok Range with Water Faucets Prep Cooler 7 foot Merchandise Refrigerator 5 foot Pepsi Founder Machine Worktop Freezer 27 inch Microwave Mini Freezer Prep Area Prep Table 5 foot Prep Table 2 foot 3 Compartment Sink 2 Compartment Prep Sink Ice Make and Bin Shelves Food Processor Meat Slicer Walk-in Cooler and Freezer Dining Room and Patio Wood Table 24 x 30 4 tables Wood Table 24 x 30 10 tables Wood Chair 36 chairs Long Banquet Short Banquet Bar Stool 14 POS System 3 station Outdoor Table 32x32 10 Outdoor Metal Chair 38 Metal Bench 2 Kid Highchair 2 Office Computer Printer Shredder Security Camera System

Is Support & Training Included:

2 weeks manager training

Purpose For Selling:

Retirement

Pros and Cons:

Only Sushi in plaza Established 8 years

Opportunities and Growth:

Very fast growing area of Collier County

Additional Info

The business was established in 2013, making the business 9 years old.

The company has 30 employees and is located in a building with disclosed square footage of 2,578 sq ft.
The building is leased by the company for $7,306.14

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell operating businesses. However, the real factor and the one they tell you may be 2 totally different things. As an example, they may say "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may just be justifications to try to conceal the reality of altering demographics, increased competition, current decrease in profits, or a range of other reasons. This is why it is really important that you not rely totally on a seller's word, however rather, make use of the seller's answer in conjunction with your general due diligence. This will paint a more sensible picture of the business's current scenario.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Many businesses borrow money with the purpose of covering things like stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that revenue margins are too thin. Many organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that have to be satisfied or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area bring in new customers? Many times, operating businesses have repeat clients, which create the core of their everyday revenues. Particular factors such as brand-new competition growing up around the area, roadway building, as well as personnel turnover can impact repeat clients and also adversely influence future profits. One vital thing to consider is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more people that see the business often, the greater the opportunity to develop a returning client base. A final thought is the general area demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? Just how might the local average home income impact future revenue prospects?