Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Fully Built-Out Restaurant Facility with Asian Concept
(Restaurants)
Denton, Texas
Listed Price: $ 40,000
Listing ID: 000831

Listing DetailsDown Payment: $ 20,000
FFE: $ 125,000 (Included in Price)
Reason for Sale:

Retirement


Training & Support:

No training will be provided as this is a sale of the equipment and location of the previous restaurant business.


Listing SummaryBusiness Description:

Fully-equipped and ready-to-operate Chinese & Sushi restaurant facility with top-of-the-line equipment is available for acquisition. The business that has operated in this facility first established themselves in 1999 and has maintained the equipment impeccably since inception of the business. This business in a 3,500 SF end-cap space of retail strip center is located in the hub of a city which is known as prime spot of this area, where it's surrounded by numerous retail businesses that bring immense traffic throughout the day from many adjacent cities that are located side by side to the area. Quite a few competitors are found in the immediate market area, but the business is optimally placed next to one of the busiest roads in the city and has easy to access entrance compared to other competitors as well as anchored by a nationwide grocery store and other retail shops. This restaurant can be converted into other type of restaurant such as Korean BBQ, Vietnamese, Mediterranean, Italian and Mexican subject to Landlord's approval or keep a similar concept to the current business. This facility is perfectly suited for any entrepreneur that wishes to start a business concept without excessive expense on the build-out of a new business.


Competition:

Competition is dependent on the type of restaurant this business is converted into.


Potential Growth:

This fully-equipment restaurant can be converted into other type of restaurant. Multiple prominent retails, residential, multi-family and commercial developments are found near the restaurant.


Financing/Terms:

100% Cash at Closing


LocationSquare Footage: 3500
Facilities:

This facility is placed in a 3,500 SF end-cap space of a retail strip center that is optimally placed nearby a major road and densely populated residential neighborhoods. The interior of the business is well maintained and is fully equipped to be converted into any type of restaurant.


OperationYear Established: 1999
Absentee Owner: No