Owner Financing is Available!
Business Overview:
This amazing Asian Restaurant and Bar features a modern type of Chinese Cuisine specializing in a Cantonese style that is the leading and representative dish of China. Every dish is prepared with fresh and quality ingredients combined with distinctive cooking techniques to bring out the flavors in all of the wonderful dishes. The restaurant was designed by accomplished professionals dedicated to the art of provincial Chinese Cuisine and is only 3 years old so everything is like new. The restaurant is 5,200 sq. ft. and has a wonderful patio with fire pit. There is a full bar and 47 license is transferable to a new Buyer. The current owner who is a chef took over in March of 2011 and sales the last 3 months have averaged about $110,000 per month. The projected sales could easily be in the $1.2-1.3 million range based on recent performance. Another benefit is that the concept, menu, and name can be changed for a new Buyer without limitations. This is a MUST SEE for the décor and build-out is second to none and this is not your average Chinese Restaurant so do not expect fortune cookies, Chop Suey, or General Tso’s Chicken here.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Excellent location with close access to a major Freeway and located in East Los Angeles County. Great looking building that encompasses 5,200 sq. ft and the lease is good through 2018 with a 10 year option.
Market Competition and Expansion:
The business has evolved into a showcase that has only scratched the surface. If you are an experienced Restaurant owner you will be able to determine the upside potential
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.