Business Overview:
Currently a Chinese Buffet that serves nearly 200 guests daily with average monthly revenues of approx $55,000-60,000 and a net profit of $7,000-10,000 per month. It has a seating capacity of around 300 with an extremely spacious kitchen. The kitchen is fully equipped with a huge walk in freezer, 2 room walk in in cooler and another large walk in in cooler, grills, fryers and hood systems. There is even a small kitchen within the kitchen, which can be used for many things even converting the current space into 2 different concepts.
Considering the Location and Size of the Restaurant you can easily convert it to any concept. It would be perfect for a Sports Bar and Grill, Steakhouse, Japanese Hibachi, Mexican, practically anything as it is free standing and the building is independently owned. The owner has priced it to sell due to a planned move, so this wont last long!
For more information contact Brian Rodriguez at 571-309-6005 or via email at brian@horizonbrokers.com
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:
8,500 square feet free standing restaurant with plenty of parking. It is located on the corner of a major intersection (31,000 cars pass daily). It is leased for a mere $5500 per month with 2 years left and one 5 year option. The size and location of the building would also be perfect for a Sports Bar and Grill, Steakhouse, Japanese Hibachi or Mexican.
$100,000 worth of Equipment
$10,000 of Inventory not included in sale (TBD at closing)
Market Competition and Expansion:
Competition: Standard Restaurant Competition in the area.
Reason for Selling:
Relocating out of state
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: