Two-Location Asian Restaurant Group | $1.3M SDE | Owner-Light

$3.4M Revenue | Established 10+ Years | Seller Financing Available

Business Description

This Asian restaurant for sale includes two established locations in the Greater Syracuse, New York market, with $3.41 million in 2025 revenue and $1.33 million in adjusted SDE. The primary owner works approximately 2-10 hours per week, while an experienced team supports day-to-day operations. The business has operated since 2015, added a second location in 2019, and serves a broad base of repeat dine-in and takeout customers.

Revenue has remained above $3.0 million since 2023. A buyer acquires a proven multi-location platform with existing cash flow, not a concept that still needs to be built or tested.

Why This Asian Restaurant for Sale Stands Out

Approximately 95% of recipes and preparation methods are proprietary. This supports consistent quality and sets the restaurants apart from generic concepts. Both locations serve established suburban trade areas in Greater Syracuse and see approximately 4,500-6,500 customers per month. About 60% of revenue comes from dine-in customers and 40% from takeout.

Team & Operations

Experienced general and kitchen management run daily operations, so the business does not depend on the primary owner for routine decisions. Some family roles will need to be replaced after a sale; the remaining chefs, managers, and servers are expected to provide continuity. The sellers will provide up to six months of training, with additional support subject to negotiation.

Financial Profile

In 2025, the business generated $3.41 million in revenue, approximately $2.67 million in gross profit (a gross margin of approximately 78%), and approximately $1.33 million in adjusted SDE. There are no accounts receivable, and approximately 90-95% of payments are by credit card. Inventory of approximately $75,000-$125,000 is included in the sale.

Growth Opportunities

The current platform supports growth without changing the core concept. Options include formalizing catering, using the food trailer for more events and off-site service, improving online ordering and delivery, expanding digital and local marketing, increasing beverage sales, and evaluating additional locations. A buyer with multi-unit restaurant experience could build on existing management and processes to take the concept beyond two locations.

Ideal Buyer

This Asian restaurant group suits well-capitalized individual operators or executives, multi-unit restaurant owners, hospitality groups, and strategic buyers seeking a profitable regional platform. Restaurant experience is helpful, particularly in managing a multi-location team. The business may also fit an owner-operator who wants meaningful cash flow with management already in place. Buyers comparing opportunities can also review our other businesses for sale, including restaurant and food and beverage companies.

Sale & Transition

The owners are selling for family relocation and retirement reasons, not because of business performance. Both locations are leased. The sale includes restaurant equipment, truck, and food-trailer assets. Seller financing may be available to qualified buyers. A buyer would take over an operating business with staff, systems, and customer relationships already in place.

Key Investment Highlights

• $3.41 million in 2025 revenue and $1.33 million in adjusted SDE.
• Two established Greater Syracuse locations with a 10+ year operating history.
• Primary owner involvement of approximately 2-10 hours per week.
• Experienced general and kitchen management supports day-to-day operations.
• Approximately 95% proprietary recipes and preparation methods.
• Approximately 4,500-6,500 customers per month; about 60% dine-in and 40% takeout.
• No accounts receivable; approximately 90-95% of payments are by credit card.
• Equipment, truck, and food-trailer assets support current operations and off-site growth.
• Growth avenues include catering, food-trailer utilization, online ordering, delivery, digital marketing, beverages, and additional locations.
• Up to six months of seller training and seller financing for qualified buyers.

Qualified buyers may request the Confidential Information Memorandum, seller interview, and adjusted financials after completing Morgan & Westfield’s NDA and buyer profile. Reference NHN-163.