Business For Sale

25 Year Old Location Making Over $100k a Month

Manhattan, NY
New York County

China Town

Asking Price: Annual Revenue:
$500,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: 25 Year Old Location Making Over $100k a Month Broker: Seller of Business

Quick Facts

Asking Price: $500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 961256557
Broker Reference #: Not Disclosed

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Business Overview:

Shanghai Cuisine has been around in this location over 25 years. This location has historic value. It has operated as a shanghai style restaurant in the heart of China town NYC. This area has evolved and is a corner location across from the park. We take in over $100k a month in sales. And our liquor license is till 4am. However our hours are from 11am to 11pm. This means if the new owners stay open till 4am as a late night lounge they can add 30-40% if not more to the monthly revenue. This is priced as a fast sale. $500k asking for all assets, lease, and employees. Take a turn key Restaurant and make it your own!

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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