44736-JS Franchise Restaurant Concept in Richmond Va for $149,000

Henrico, VA (Henrico County)

Seller Financing Available
44736-JS Franchise Restaurant Concept in Richmond Va for $149,000

Asking Price:$149,000

Cash Flow:$100,000

Gross Revenue:$500,000

EBITDA:N/A

FF&E:$7,000

Inventory:N/A

Established:1996

44736-JS Franchise Restaurant Concept in Richmond Va for $149,000

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Business Description

Well established popular franchise concept Asian restaurant with seating area for 80-100 people. This is a full service dining restaurant that serves freshly prepared Asian foods. Also has bar for customer enjoyment & happy hours. Beautifully designed throughout, and is ready for continued business. 2200 sq ft & rents for $5,200 month on a five year lease. It’s located in an excellent high end part of town with high traffic close to residential & shopping areas. Must See!!

Detailed Information

Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well known established 19 years. The general area has developed tremendously by adding a shopping mall & more residential houses.
Competition:
Established franchise concept Asian restaurant that has maintained a high level of service.
Growth & Expansion:
Restaurant has a excellent reputation. Aggressive owner can hire more workers, advertise, and provide delivery service to increase revenue.
Financing:
74000.00
Support & Training:
2 weeks
Reason for Selling:
retiring

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Cobus van der Watt

Business Listed By:
Cobus van der Watt

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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