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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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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