- Advert ID: 680592
- (Seller ref: NEHZ78YC)
New Chinese Restaurant On A Busy Street For Sale
- Location:
-
- United States
- > New England
- > Rhode Island
- > Providence
- > Providence
- Category:
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Summary
- Asking price:
- $50,000 (Furniture / Fixtures included)
- Sales revenue:
- $120,000
- Net profit:
- $10,000
- Years established:
- 2006
Business description
This Chinese restaurant is located in a busy street. Other Chinese restaurants within a mile circle are priced well over $200,000. Started by chef with limited operating experience. Anybody that has restaurant experience should be able to turn this restaurant into a cash cow.
Property information
- Real Estate:
- Lease
- Lease terms:
- Rent is $1600 per month with 90 months remaining.
- Location:
- The restaurant is located at a shopping plaza.
Other information
- Expansion potential:
- The current owner has not done enough marketing. Any new owner that understands marketing could turn this into a cash cow. Another similar Chinese restaurant half a mile away is reporting a cash flow over $100,000.
- Support & training:
- 1 month
- Reasons for selling:
- Seller wants to pursue other interests
- Financing available:
- No
- Furniture / Fixtures value:
- $50,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- United States
- > New England
- > Rhode Island
- > Providence
- > Providence
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