Profitable Quick Service Asian Restaurant

San Ysidro, CA (San Diego County)

Profitable Quick Service Asian Restaurant
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Asking Price: $149,000

Cash Flow: $71,000

Gross Revenue: $533,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,900 /Month

Established: N/A

Profitable Quick Service Asian Restaurant

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Business Description

DESCRIPTION:

This is the QUICK SERVICE PROFITABLE restaurant you have been looking for!!! This opportunity generates annual sales of over $500k in an EXCELLENT location. Nets over $71k per year owner operated!!! Looks and feels like a franchise but is NOT. Easy to run operation (owner runs the business from out of the area with highly trained staff). Looks and feels like a Panda Express, with manuals, policy & procedures and recipes.

Located in a VERY BUSY premium outlet mall with a number of national anchor tenants including Coach, Ralph Lauren,and Old Navy. Enjoy having great sales and high profit along with its loyal customer base. This is a tremendous opportunity to take advantage of this deal and enjoy a STRONG return on investment in short period of time.

Well established at this location for over 15 years! It has a wide selection of freshly wok fired favorites. Skillfully woked and freshly prepared dishes make this a favorite place for patrons. Regular menu items include orange chicken, beef broccoli signature fried rice all served in a quick service format.

EQUIPMENT:
Fully equipped restaurant.

FACILITIES & OPERATIONS:
Fully equipped Kitchen.
Lease has 2 years left and a 5 year option. Located in highly sought-after location with strong/nationwide anchor tenants.
Rent is $7900/month including CAM. Open daily for lunch and dinner.

CURRENT MANAGEMENT & LABOR:
This restaurant is easy to run as it is self-serve and quick service.
Employees are trained to order inventory and scheduling. Employees are part-time W-2. Talented & experienced kitchen staff with small footprint, which brings down labor costs.

MARKETING OPPORTUNITIES:
Current owner does minimal advertising, catering, online ordering and social media. Additionally, new owner can apply for beer & wine license, increase catering for special events and increase social media presence to increase sales.

FINANCIAL SUMMARY:
Sales at $533k/yr. Prior sales (2016 &2017) over $600k but had poor management in 2018. Sales can be brought up with right owner.
SDE: $71k owner operated. (manager is paid $35k/yr) and is absentee run.
Has clean books & records. E2 visa qualified.
New owner can increase net by becoming hands-on and taking over manager position.!!! SBA qualified.
Licensing fee ONLY 2% of sales monthly, NO ad fees, but use and training from parent company.

PRICE:
Call for pricing but can be purchased with $45k down. Don’t miss this opportunity to own a
PROFITABLE restaurant for a low price!!

Listing #19008JD
visit us at www.PacificRestaurantBrokers.com and fill out our Confidentiality Form

Detailed Information

Real Estate:
Leased
Building SF:
500
Lease Expiration:
N/A
Business Website:
http://www.PacificRestaurantBrokers.com
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Pacific Restaurant Brokers

Business Listed By:
Jerry Diza

Pacific Restaurant Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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