Business For Sale

Chinese Restaurant

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$95,000 $260,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Chinese Restaurant Broker: Andy Fischer

Quick Facts

Asking Price: $95,000
Annual Revenue: $260,000
Net Profit: Not Disclosed
Cash Flow: $63,700
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 3
BBN Listing #: 27834955
Broker Reference #: 1040-14175

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Business Overview:

Chinese restaurant established 7 years ago and located near Miami-Dade College - Kendall Campus, one of the largest colleges in the nation in terms of enrollment. Recurrent and loyal clientele. The strip mall is conveniently located near the turnpike, it has high traffic and a national chain gym to open soon. The restaurant has pick up and delivery. The reason for sale is the main partner moving back to his country.

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Property Features and Assets:

1,215 square feet. Strip mall with high traffic and great location. Total rent is $ 3,100. Rent expires November 2018 with a 5 year option to renew. Assets= $40,500

Market Competition and Expansion:

As the business is located in a college area there is good demand for this type of restaurant. More focus in advertising methods.

Reason for Selling:

One of the partners moving back to his 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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