Asian Restaurant For Sale in the Nashville, Tennessee area for $120,000! Seller financing available with approximately $60,000 down! Currently grossing an estimated $408,335 and nets $49,481. Located in a large plaza with other restaurants, nail salon, and retail stores . Turnkey and move in ready for those who want to take over a successful business model. Restaurant currently serves an Asian cuisine menu that includes appetizers, seafood, salad, teriyaki, thai, sushi rolls, and more. Includes all equipment worth an estimated $50,000. Seats approximately 90 inside. Plenty of opportunity to increase revenue! Some financing available for buyers who qualify for a revolving credit line through our third party source. Apply Here.
Frequently Asked Questions:
What is the current gross revenue for this restaurant?
The current gross revenue being generated is estimated at $408,335.
How does the restaurant profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant?
Seller will finance up to $60,000. Terms to be discussed. If more financing is needed for startup costs you can review additional Financing Options Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. On average restaurant expenses usually include: payroll, payroll taxes, workers compensation, accounting, advertising, supplies, food, electric, property rental fees (usually includes water and garbage), permits and licenses, phone, and insurance.
What type of insurance do I need?
In most cases restaurant owners will need a minimum of the following insurance policies: business liability, worker’s compensation and business property insurance. Restaurants For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
Is the restaurant property owned or leased?
Currently the owner leases the property. Lease terms remain for 4 years. New owner must be approved to take over. Note: New buyer will sign lease terms with the property owner.
Where is the restaurant located?
This restaurant is located in the Nashville, Tennessee area. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
Current list of equipment includes: all kitchen equipment, tables, chairs, etc. A full list can be provided to qualified buyers upon request. Estimated value is $50,000.
What size and how many customers can this restaurant seat?
Restaurant is 3,100 sq. ft. and seats approximately 90 inside.
Does this restaurant currently have a beer or liquor license?
There is no beer or liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service?
There is no drive-thru but a delivery service is offered.
How long has the seller owned the restaurant?
Seller has owned this restaurant for 3 years.
Why is the owner selling?
Owner is pursuing other business opportunities.
What are the hours of operation?
Restaurant operates 11am – 10pm Monday – Sunday.
What type of neighboring business are in the area?
Neighboring businesses include other restaurants and businesses.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Great location in a busy plaza! Restaurant has been built-out to accommodate and operate as an Asian Restaurant. Priced to sell at $120,000 with all equipment included! Owner will train. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.