Casino Asian Franchise or Convert to New Asian Concept

Selling Restaurants proudly presents this unique opportunity to manage, own and operate a renowned Asian Franchise, within one of lake Tahoe's premier resorts. Or simply convert to a new Asian concept. Situated just minutes walking distance from the new Convention Center at the Stateline Nevada, South Lake Tahoe, this restaurant is situated within a food court and shares all dining space with many other Franchise operations in a free standing building. 524 sq ft with a lease until 2015. Annual Adjusted net is about $75,000 or more if a family took over the business. The Asian menu has no competition in the area and the food court has been developed to encourage tastes from around the globe. Open seven days a week, this operation produces a 19% net profit year on year. We are looking for one of two types of buyers (1) a franchisee with solid Asian food restaurant ownership or experience and great credit; (2) an Asian National or Regional Chain to replace the concept with a strong balance sheet in order to take the franchisor off the lease covenants. The price for buyer type (1) is $200,000 while the price for Buyer type (2) will be substantially less.

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Demographics

Population	3-mi.	5-mi
2014 Total Population	0	62
Households	3-mi.	5-mi
2010 Number Of Households	1,421	2,600
2010 Persons Per Household	2.10	2.05
Median House Value	$346,600	$506,211
Income Per Household	$57,054	$66,267
Businesses	3-mi.	5-mi
2009 Number Of Businesses	294	497
2012 Number Of Employees	10,716	13,194
2012 Total Annual Payroll	$161,389,000	$215,604,000

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