Seller's Contact Information

  • RE:  (LEE) Asian Restaurant Seats 45-Metro West Area
  • Contact:  Ming Dong
Listing Update!
Update: (LEE) Asian Restaurant Seats 45-Metro West Area is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Food & Beverage: Restaurants, Fast Food, Deli Industry.

Business Overview:

This Chinese restaurant located in a small strip plaza and was established in 1994. The seating currently is for 45 but can be expanded to 50 seats. This is one of the first with an 'open kitchen' concept. They are operating 6 days per week. Hours are 11:30am-9:00pm.
Average yearly sales sales approximately $450,000. Operating Expenses: Cost of goods $135,000; Rent including water R.E. Tax, CAM $63,600; payroll $130,000; electric $6,000; gas $7,200; cc/bank fees $6,000; insurance $3000; phone $1,200; trash $3,000.

Property Features and Assets:

FF&E of $100,000 is included in the asking price. Located in a small strip plaza; open kitchen concept. 6 day week; Hours are 11:30am - 9:00pm.

Market Competition and Expansion:

Growth/Expansion: The restaurant has many expansion possibilities. The menu is simple and limited to Chinese food. Add sushi, which is very popular in the area.

Reason for Selling:

Retiring

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

Documents:

Relevant Links:

Opportunity Update!

Exciting update: (LEE) Asian Restaurant Seats 45-Metro West Area has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

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