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Quick Facts
Asking Price: | $398,000 | |
Annual Revenue: | $780,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $240,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1989 | |
Employees: | 5 | |
BBN Listing #: | 899955232 | |
Broker Reference #: | 5362 CL |
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Business Overview:
Listing # - 5362 CL
Since its establishment in 1989, this Chinese Fast-Food Restaurant has been a culinary fixture in the bustling area of North Hollywood.
Situated amid thriving stores and a lively intersection, it's in an ideal location to attract a steady stream of customers.
Despite the current owner dedicating only 20-30 hours weekly to the business for over 14 years, the restaurant's strong following of loyal customers and high-volume sales yield a net monthly profit exceeding $20,000.
This is achieved through a streamlined operational model focused on food preparation, with a whopping 90% of business stemming from to-go orders, serviced by food delivery platforms and customer pickups.
The restaurant features a well-organized set-up of eight steam table stations, each with two dishes, catering efficiently to the high demand.
For dine-in customers, a spacious dining room with a capacity of 32 seats and a TV for entertainment provides a welcoming and enjoyable dining experience.
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Reason for Selling:
Retire
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