Asset Sale- Chinese Restaurant Buffet Style for Sale

Business description

ASSET SALE!!! Over the last few years the smaller Chinese restaurant has gone to these larger buffet style restaurants. This restaurant is a large, beautiful spacious restaurant that boasts numerous buffet stations with lights, heaters and all necessary equipment to make a buffet style restaurant succeed. Business also includes a liquor license, seating for 300 persons, waiter stations and much more. The build-out offers 11,000 square feet of unbelievable beauty, an existing 5 year lease with an option to extend for 5 years as well.

Property information

Real Estate:

Lease

Lease terms:

14840 PER MONTH ALL INCLUSIVE- 4 YEARS REMAINING ON A FIVE YEAR LEASE WITH A FIVE YEAR OPTION

Location:

EXCELLENT HIGH TRAFFIC SHOPPING PLAZA

Other information

Expansion potential:

GREAT LOCATION, GREAT SIZE, GREAT PLACE, NEEDS A GREAT OWNER WITH SOME WOKRING CAPITAL TO MAKE IT GROW FAST..

Competition / Market:

MINIMAL

Support & training:

TWO WEEKS

Reasons for selling:

OWNER RAN OUT OF CAPITAL

Trading hours:

N\A

Financing available:

N\A

Furniture / Fixtures value:

$120,000 (included in the asking price)

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