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Accommodation & Food Services

Buffet Style Restaurant with Lottery!

Washington, USA
Updated 1 day ago
Established 2015

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

Asking Price
$225K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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