Business For Sale

Location! Location! Location! Restaurant for Sale

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$299,999 $720,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Location! Location! Location! Restaurant for Sale Broker: Jim Chiu
License #: 01525675

Quick Facts

Asking Price: $299,999
Annual Revenue: $720,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 8
BBN Listing #: 955923364
Broker Reference #: 106-15080

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Business Overview:

This fully equipped restaurant with more than 150 seating capacity is a great place to establish your dream Chinese Tea House Restaurant or Fresh Seafood Restaurant. Very convenient to all local market and local ethnic shopping locations.

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Property Features and Assets:

This is a leased location of 3,600 square feet with a Total Monthly Rent of $10,000. Lease ends 9/2022 with Two 5 year options. Seller is active in the business with 3 FT and 5 PT employees. Hours of operation are 11am-11pm (Closed Wednesday). $200,000 in FF&E and $160,000 Leasehold Improvements included in Asking Price.

Reason for Selling:

Moving back to home country.

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.

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