Business Overview:
Well known gourmet chinese restaurant for sale in a very upscale community in South Florida. Ten yrs established 210 seat dine-in restaurant which does 20%
of its business as take-out and does no delivery. Beautiful separate bar seats 13; full liquor license included. Restaurant is tastefully furnished with build-out and
equipment exceeding $500K. Modern kitchen, ice machine, big screen TVs, deluxe website, and POS system with chinese conversion. Outstanding long term
lease on 5200 sq ft restaurant with rent below market value in place and two 5 yr options. Stand alone building and ample parking. Menu includes complete
selection of gourmet chicken, beef, seafood entrees. Seller states annual gross sales to be $1.208M and annual adjusted net income to be $305K. Owner is not
chinese, and new ownership can significantly increase earnings by being more active. Asking price reduced to $499K for quick sale. Owner is retiring and will
give full financials to qualified and serious buyer. Please contact Martin Berliant at 561-827-1181 or email for more information.
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.
Reason for Selling:
Retirement
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.