Thriving Asian Fusion Restaurant W/Liquor License

Business Overview:

This is not your typical low-margin restaurant. Since its inception it has shown a stable and thriving profitability. The casual sit-down restaurant serves fusion Asian food with some unique twist in the food and drink menu. They have been consistently rated as one of the best Asian fusion restaurant and won some accolades throughout the year. The ambience is a comfortable casual and with its location in the business district has been provided them a consistent lunch and dinner patrons

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Property Features and Assets:

Monthly Rent: $7,700.00

Square Units (Foot, Meter): 3,200

Lease Expiration Date: August 31, 2029, 12:00:00 AM

Terms Options: 5 year terms with 2 options to renew for 2x 5years.

Market Competition and Expansion:

Competition: 

The restaurant differentiates itself by the modern fusion flare in both of their food and drinks offerings. The menu is simple yet there are options for everyone and there is a good variety of alcoholic drinks that compliments the food menu. There is a lot of patio space that during warmer weather could be reserved for private occasions. Another rare advantage is a designated parking space for the restaurant in very close vicinity.

Expansion: 

A new owner should expand the menu by offering some additional fusion menu such as sushi and other Asian flare. A catering would also be a good option to diversify revenue streams.

Reason for Selling:

Additional Details:

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