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Business For Sale

Chinese Restaurant-Established 10 Years

Oceanside, CA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$35,000
$220,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$20,000
Not Disclosed
2000
3
945433008
Owner Financing is Available!
Short term - $10,000 @ 8% for 12 months

Business Overview:

SELLER WILL LOOK AT ANY OFFER - Chinese Food Restaurant located in easy to get to shopping center in Oceanside. Sit down or take out. Has been in the same location for over 10 years. Owners want to sell as they have to commute a very long distance every day. Great menu and friendly service. Reasonable prices. Seats for 48. PRICE REDUCED - MAKE AN OFFER - OWNER WANTS OUT NOW! Offered at only $35,000, including $40,000 of F,F,&E, and recent leasehold improvements. Sales approximately $220,000/year with cost of goods at 30%. Currently open 6 days per week. By adding one more day open plus a new marketing strategy and adding delivery service, this business has great potential as Chinese or other concept. Business is located in a busy center and is approximately 1,700 sq. ft. Rent is $5,800/month. Three years left on current lease with a 5 year option. Not much competition in the area.

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:

Business is located in a busy center and is approximately 1,700 sq. ft. Rent is $5,800/month. Three years left on current lease with a 5 year option. Seller will train for 4 hours per day, for 6 days at no additional charge. PRICE REDUCED - NOW Offered at only $35,000, including $40,000 of F,F,&E, and recent leasehold improvements. Sales approximately $220,000/year with cost of goods at 30%. Currently open 6 days per week. By adding one more day open plus a new marketing strategy and adding delivery service, this business has great potential.

Market Competition and Expansion:

Not much competition in the area. Currently open 6 days per week. By adding one more day open plus a new marketing strategy and adding delivery service, this business has great potential.

Reason for Selling:

Commute too far.

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.