Profitable Asian Restaurant

Tifton, GA (Tift County)

Chi-Thai
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Asking Price: $150,000

Cash Flow: $100,000

Gross Revenue: $499,000

EBITDA: $81,347

FF&E: $31,100

Inventory: $95,000

Established: 2012

Profitable Asian Restaurant

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Business Description

This is an outstanding opportunity to own and operate a Profitable Upscale Asian Restaurant well-equipped restaurant.There is a long term lease in place with great rent.That Chinese-Thai-Vietnamese restaurant located in Tifton, GA,city population:17;000.This is free standing restaurant Surrounded by Mall, Belk TJ Maxx,Movie Theater,Kentucky & MacDonald restaurants, hospitals, hotels, office buildings,University, high-rises and single-family residences. Managed and operated by a husband/wife team for 7 years. Serves menu order with large selection of fresh, healthy dishes from vegetarian sprouts and tofu to traditional Chinese dishes or delicious Thai and Vietnamese noodle soups. Lunch Specials and Dinner order menu keep the customers coming back. Dine-In. Monthly income $40,000/mo.Take-Out,and Delivery (20% of revenue is from delivery).Walking cooler.Fully-equipped facility,. This business has many growth opportunities for a new energetic owner, such as open full day on Sundays, provide online ordering, and do some advertising on 75 high way with a few efforts that would immediately increase sales. Tons of repeat customers! A must see!

FOR MORE INFORMATION- Please go to www.TopBusinessSeller.com. Scroll down to the listing you are interested in and click on more info then click the contact seller button. It will then direct you to fill out a non-disclosure form. I will then send you the executive summary to review. Once you receive that, you can let us know if you would like to pursue this business further with a conference call or a meeting. Please understand that in order to get detailed financial information, most sellers will want a profile and/or proof of funds.

Detailed Information

Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Excellent location! plenty parking, restaurant capacity:130 persons, but we only put 100 seats, Restaurant 3,000 sf, income monthly around $50,000/mo, with low rent $2,800/mo, and Long-term lease
Competition:
See executive summary for more information
Growth & Expansion:
Open full day on Sundays. Start advertising on 75 high way. Build a website that allow online ordering.
Support & Training:
2 Weeks (14) Day Training @ No cost
Reason for Selling:
Relocating
Business Website:
http://www.TopBusinessSeller.com
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Contact the Seller

(from currently available funds)
 
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Brad Coffman

Business Listed By:
Brad Coffman

PHP Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The Georgia Association of Business Brokers (GABB).

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