Seller's Contact Information

  • RE:  Asian Restaurant For Sale - 25 Years Same Owner
  • Contact:  MARCELO MARCELO JO

Quick Facts

Asking Price: $250,000
Annual Revenue: $1,171,469
Net Profit: Not Disclosed
Cash Flow: $140,728
Total Debt: Not Disclosed
FF&E: $170,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 12
BBN Listing #: 877630
Broker Reference #: 0101110329

Email or Print Listing

Business Overview:

Famous Chinese Restaurant for sale. This restaurant is located on a very busy road with more than 35,000 vehicles passing by per day! The restaurant has been in the same location for the last 25 years with same owners. Great parking lot. Over 1 million in sales. The fully equipped commercial kitchen has everything you will need to continue the legacy of this family run business. The kitchen features a large exhaust hood system, grease trap, 7 wok burner stove, fryer, grill, 3 salad stations, walk-in cooler and freezer and long list of small appliances. 2COP license. Dine-in Take-out, delivery. Very popular with locals and seasonals. New owner can keep or change the concept. May qualify for E2 Visa. Please refer to listing #0101110329.

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Property Features and Assets:

Lease/Month: $6,700;Square Footage: 2,000;Building Type: Strip Plaza; Terms & Options: Renegotiate with landlord;Expiration Date: 12/31/2023.

Market Competition and Expansion:

Non Compete: Miles: 20 Years: 2

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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