El Paso County, CO Chinese Restaurants For Sale

Asian Restaurant for Sale - Price Reduced! Great Deal for Turnkey Res
$99,000 Cash Flow: $59,688
Asian Restaurant for Sale - Price Reduced! Great Deal for Turnkey Res

El Paso County, CO

PRICE DRAMATICALLY REDUCED! SELLER IS MOTIVATED! BRING AN OFFER! Profitable Asian Restaurant for sale in growing area near Colorado Springs is ready to go for new owner / operator. With earnings of nearly $59,000 this restaurant is selling for under a 2X multiple of cash flow. It is a very rare, special deal! Bring your offers today! This money making Asian restaurant for sale is located in a strip center anchored by a large chain grocery store. It has great visibility and parking and easy access to I-25 as it is right off an exit. Tastefully decorated, this Asian restaurant for sale seats 75 in the dining room. The business was established in 2010 and has been owned and successfully operated by the Seller since 2015. The Seller must move out-of-state; therefore creating an exciting opportunity for a new owner of this Asian Restaurant for Sale. The Seller will stay on for a negotiated period of time to train the new owner. The business opportunity offered by the restaurant brokers currently is a Pho concept, serving Pho classics, appetizers, noodle bowls and lettuce wraps to loyal regulars and travelers on one of the busiest sections of interstate in Colorado. This is one of the hottest cuisines trending now and is highly profitable and easy to operate. Online reviews of this Asian Restaurant for Sale are very good and business has been building since the current owner has taken over. Very good financials are available that show sales of over $262,000 and Seller's discretionary income in excess of $58,000. This year's sales are up over 10% from last year. Delivery is a huge opportunity as they currently do not do it nor do they use a service such as Grubhub etc. Most of the fixtures, furniture and equipment is owned by the landlord but free to use by the operator for the term of the lease. Rent is $4,800 per month with 5 years left on the lease and another option possible. Water and trash removal are included with the lease. The kitchen is large with a 14 foot hood and fire suppression system. There is a large in-ground grease trap and a walk-in cooler and freezer. The dish machine is owned and not a lease. For more information on this We Sell Restaurant’s listing, visit our website and register as a buyer. If you have any questions, please give us a call at 303-901-4938. Reference listing number 5629.

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