Business Overview:
This restaurant is currently serving breakfast, lunch and dinner. The present owner is retiring. The store size is 2,700 square feet with ample parking for 20 cars. The seating is for 90. The owner said it will be a great spot for a Chinese restaurant. Plenty of equipment; the hood system is adequate to have this type of restaurant. If you just want to keep it the same, the gross sales is $250,000; food cost is $60,000, rent $32,400, electric is $10,000, gas is $7,200, telephone $600, insurance is $1,500, water is $600 and two waitress' salary is $10,000. The father and son earns approximately $120,000.
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:
The store size is 2,700 square feet with ample parking for 20 cars. The seating is for 90. FF&E of $100,000 is included in the asking price.
Equipment: tables and chairs for accommodating 90 persons, 6 burner Vulcan range and oven, gas char grill, 2 utility tables, salad unit with under refrigeration, 2 toaster, 2 Pitco fryolaters, 4 tray food warmer, 4 tray steam table, 2 mircowaves, 2 Blogett pizza oven, ice maker, 2 bay stainless steel sink, grease trap, Hobart dishwasher, utility unit with 3 door refrigeration unit, 3 bay stainless steel sink, 8x9 walk -in refrigeration unit, walk-in freezer, slicer, etc.
Market Competition and Expansion:
Growth/Expansion: This restaurant is currently operating as a breakfast/lunch and he has expanded to do pizza and Thursday to Saturday evening for dinner.
Reason for Selling:
Retiring.
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: