Owner Financing is Available!
Business Overview:
Serving delicious Chinese Food for the past 30 years, it’s time for a change! Now’s your chance to own your own business – with a proven track record of repeat customers and a solid advertising and marketing program guaranteed to keep them coming in!
The restaurant has been newly remodeled in 2011 [$100,000 in new fixtures, furniture and equipment], as well as a multi-million dollar exterior remodel of the multi-tenant shopping center. The new owners will enjoy a beautiful, newly remodeled kitchen, including 2 commercial-grade Woks, and a huge walk-in-refrigerator! Long-standing Beer and wine license is also included in the sale!
An extensive menu serving lunch and dinner for both dine-in and take has complemented the restaurant’s 30-years of success. Ample parking in the shopping center means your customers will never be turned away.
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:
Location, location, location! Conveniently located off the 118 freeway in Simi Valley, CA.
Location: Simi Valley, CA
Asking Price: $149,995
Annual Gross: $150,000
Annual Net: $75,000
Year Established: 1978
Employees: 2
Reason For Sale: Owner lives in Oxnard and seeks a restaurant closer to his residence.
Market Competition and Expansion:
This restaurant has been the Simi Valley Favorite for the past 30 years!
Reason for Selling:
Relocation
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.
Resources: