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- RE: Chinese Restaurant In Broward County
- Contact: Eduardo Paz
Quick Facts
| Asking Price: | $599,000 | |
| Annual Revenue: | $2,089,718 | |
| Net Profit: | $335 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $550,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1966 | |
| Employees: | 14 | |
| BBN Listing #: | 395048163 | |
| Broker Reference #: | BBF-1222-30140 |
Business Overview:
Successful and profitable Chinese restaurants in South Florida for nearly 60 years and winner of the best Chinese restaurant in the region, for several consecutive years, is offered for sale. Serving delicious, authentic Chinese dishes made with the finest ingredients, comfy decor and friendly service, this restaurant does it all in a relaxed atmosphere, including dumplings, slices of caramelized roast pork, and beef lo mein. The restaurant has a full bar that is a popular draw with recurring customers; the restaurant has a 4COP SFS alcohol license that is transferable to the next owner. Great sales growth at compounded growth rate (CAGR) of nearly 15% from 2019 to 2022. Accurate financial records, ideal for owner operator or for foreign buyers requiring investment visas.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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