Currently Under Contract New Beijing Asian Cuisine & Sushi

Lutz, FL (Hillsborough County)

Currently Under Contract New Beijing Asian Cuisine & Sushi

Asking Price:$99,000

Cash Flow:$75,612

Gross Revenue:$450,000





Currently Under Contract New Beijing Asian Cuisine & Sushi

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Business Description

Great opportunity to acquire a profitable turn-key restaurant with excellent reviews in an area of strong demographics- Upside potential for the experienced operator!

Detailed Information

2,000 SF Asian (Chinese-Thai- Vietnamese) Restaurant with 49 seats plus outdoor seating- opened in 2006 under different owner- Turn Key operation! All equipment, current inventory stay (New deep fryer)- Beer and wine license. New Beijing lease comes for renewal 3/31/17 - with a 5 year extension and 7% increase in the rent.
Restaurant is located in a area of excellent demographics close to several upscale residential developments (Cheval, Avila, Calusa Trace, Heritage Harbor, Villa Rosa, Van Dyke Farms to name a few.) Centrally located connecting Carrollwood area and Land O'Lakes and immediately south of a 245 acre mixed use development which was recently approved. Restaurant is located in the SE Quadrant of the intersection of Dale Mabry and Van Dyke in the Van Dyke Commons Shopping Center- anchored by Homegoods, Walgreens and Region's Bank- thus benefiting from the synergy of these businesses and from several restaurants in the shopping Center.
Growth & Expansion:
easy to add sushi menu with existing sushi Bar and fridge equipment. Currently 40 % take out- 30% sit down- 30% delivery. The share of sit down could be increased. Current Owners are not investing any monies in marketing this restaurant.
Support & Training:
Three chefs will stay-
Reason for Selling:
Owner is retiring
Business Website:

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Jean-Charles Faust

Business Listed By:
Jean-Charles Faust

Faust Realty, Inc.

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