Buy an Oriental Restaurant For Sale business for sale in Thousand Oaks on BusinessesForSale.com

  • Advert ID: 661685
  • (Seller ref: chen)

Oriental Restaurant For Sale


Location:
Category:
Asking price:
$199,000
Sales revenue:
$900,000
Net profit:
$110,000


This is a very well established restaurant that has been making 250,000 per year for many years for the owners. The broker has profit and loss reports and tax returns for many years. The amount of income taxes paid by the business owners would provide a nice living for many people.

The sellers, because of personal problems, has instructed the broker to get offers that will get the sellers a quick closing. They want all offers submitted.

The buyer must be a strong financial buyer with food experience. The business was in escrow earlier this year at 100,000 more then the asking price today. The buyer, who still wants to buy, just could not pull the necessary funds together to please the landlord. This business is the best restaurant you will run across this year. The profit above is just what is shown on the tax return.

The seller does not want to sell the liquor license with the business, only because that will make an escrow closing take 4 months. They want a quick deal. You can negotate to buy the licquor license later.

Contact the broker for more complete information.

This is the best priced deal the broker has ever seen. If you do not believe him. Make an offer and see the tax returns.


Real Estate:
Lease

Reasons for selling:
They Want A Quick Deal.

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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