Business For Sale

Food & Beverage: Restaurants, Fast Food, Deli


Established, Profitable, Visible High Traffic LOC

Bonzall, CA

Asking Price: Annual Revenue:
$389,600 Not Disclosed

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RE: Established, Profitable, Visible High Traffic LOC Broker: Anne HomeSmart Realty West
Owner Financing is Available!
With right offer and qualified buyer may consider

Quick Facts

Asking Price: $389,600
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 15 years
Employees: 10
Listing Number: 850153491

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Business Overview:

Original family business, very busy, high traffic highway junction at growing, new developing area in North County. Only Chinese restaurant in town at visible and convenient location with plenty of parking. Elegant indoor dining with live piano music nightly and optional available outdoor patio dining for additional income. Local long time following repeat diners and liquor license is included. Reasonable low rent with option to extend. Some part-time loyal staff including three Part-time pianists may stay with right owner. Create your own menu and expand for well over $1M income potential as area continues to grow with new jobs and homes. Ask for appointment to show any day except Monday, closed.

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Property Features and Assets:

Tastefully and elegantly decorated with fine arts and furniture for comfortable indoor dining and wining with piano music nightly, except closed on Mondays.. Liquor license included. Profitable for 15 years average near $1M and over gross. All computerized. No real estate included. Some loyal long-term staff may stay with right owner. Goodwill and training offered. Preferred closing end of January 2018 for tax purposes.

Market Competition and Expansion:

No competition in area as the only one Chinese Restaurant for area and most local repeat customers with potential for more growth in surrounding developing new homes and resorts nearby. Add or create new menu for potentially more than $1M+ annual income.

Reason for Selling:

Retire

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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