businesses for sale


Fast Food Franchise for sale

Location: North Bay, California

Category: Restaurants for sale

Asking price: $395,000.00

Description of the business for sale
Six years old well maintained noodle soup full service restaurant with the same non-Vietnamese original owners and management team. Extremely profitable for the last 5 years, zero advertising dollars were spent in the last 4 years. This restaurant is mostly operated by absentee owners (owners only work part-time) with very stable manager and work crew, very low turnover rate. This restaurant is located in the East Bay in downtown area with high foot-traffic. A university, a junior college and a high school are all within walking distance to the restaurant. In addition, there are 3 theaters/cinemas within 200-ft from the restaurant. This is an ideal opportunity for a buyer to take over and continue the same operation and take advantage of the steady and stable environment and the established customer base. No competition within 5 miles radius. An absentee owner will find this a good opportunity for instant cash flow, or a working owner will find this even more attractive.

Support / Training provided by seller
4 weeks from Franchisor and 2 weeks at 20 hours per week from Seller.

Description of the facilities
2000 Sq. Ft. Rent $5,040 included NNN. Lease expired 2010.

  • By phone: 408-314-0923
  • Ask for: TAM DINH

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Business details

BTI Group Inc.
San Jose , CA
Broker Co-op? yes

Listing Id: 86897
Reference Id: RS3437
Year established: 2002
Employees: 9

Asking Price: $395,000.00
Revenue: $497,000.00
Annual Net: Call/Email
Down Payment: $395,000.00

Business Type:
Non Relocatable Business

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