Upscale Asian Restaurant & Bar

Davenport, IA (Scott County)

high-traffic, higher end retail area
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Asking Price: $400,000

Cash Flow: $75,000

Gross Revenue: $800,000

EBITDA: N/A

FF&E: $600,000

Inventory: $35,000

Rent: $137,600 /Month

Established: 2013

Upscale Asian Restaurant & Bar

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Business Description

This restaurant has been in business for over 5 years with a dedicated, repeat customer base. The business is located in a high-traffic location close to higher-end retail and office parks in the Quad Cities. The restaurant has customer friendly pricing with an available gluten free menu. The atmosphere is Asian-modern with a fine dining atmosphere while still being family-friendly.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,300
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in high traffic retail, movie theatre, white collar office and big box chain corridor. Plenty of onsite parking and outdoor gated patio. Granite bathrooms, full service bar, fireplace, private dining/party room.
Growth & Expansion:
Interior dining and bar decor and build out is significant and with minor effort can be modified to accommodate new owners own theme for an upscale dining experience.
Support & Training:
TBD
Reason for Selling:
Interested other opportunities
Business Website:
http://bit.ly/2RUSjKS
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Contact the Seller

(from currently available funds)
 
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Chris Barnard

Business Listed By:
Chris Barnard

Marigold Resources

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Sponsoring Broker:
Todd McGreevy

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