Summary
- Asking price:
- $74,900 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $250,000
- Cash flow:
- $50,000
- Years established:
- 2009
- Employees:
- 2 p/t 4 f/t
Business description
Awesome "sit down" Chinese restaurant...............only one in town! Originally a Chinese Buffet, restaurant was totally remodeled in 2009, at a cost of $100,000. Brand new bathrooms, redecorated dining room, etc. Fully equipped (you can see the long asset list) and staffed.................a true turn-key business. Currently run by absentee owner. Some financing is negotiable. With serious interest, call me.......David Meislin.
Property information
- Real Estate:
- Lease
- Location:
- 2500 sq ft. Rent is $2000 per month. 1.5 years left on lease. Possible 5 year extension. Busy shopping center location. Plenty of parking.
Other information
- Expansion potential:
- Could add a buffet for lunch or dinner, could open Sundays, could add beer and wine!
- Competition / Market:
- This is the only sit down Chinese in town. There are buffets in town.
- Support & training:
- Seller is willing to fully train.
- Reasons for selling:
- Owner is full time mother with little time to manage restaurant.
- Trading hours:
- Mon - Sat 11am to 9pm
- Financing available:
- Negotiable.
- Furniture / Fixtures value:
- $100,000 (included in the asking price)
- Inventory / Stock value:
- $4,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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