Buffet Style Restaurant with Lottery!
Just listed! Popular well known buffet style restaurant with an Asian flair that is known for their amazing cuisine and amazing service. This location is established with the community and has been a local favorite since 2015. There is a beer and wine license which currently serves minors and a separate lottery room with six machines which did a lottery net of $174k in 2023. Location has 4200 square feet, large kitchen with full hood system and much more. Hours of operation are 10:00 a.m. until 10:30 p.m. 7 days per week. Lease is $4457.07 plus CAM charges of $1125.75 per month which expires 1-31-2025. There is one additional five-year option. There are currently 3 employees with one seller working full time. This location has great potential and has room for additional income by extending business hours. This location is turn-key and ready to go! All buyers will be asked to verify funds, credit and sign an NDA.
Olcc
LOP
Lease
$4457 NNN
Sq. Ft
4200
Lottery
YES
Property
No
Employees
3
Cam Charges
$1125.75 per month
Down Payment
$50K
Lease Option
One additional five-year option
Lease Expiration
1-31-2025
Lottery Net 2023
$174k
Financials
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