Business Overview:
40 Years Established Gourmet Chinese Restaurant for Sale. Outstanding location within very large and affluent community of senior-citizens. Much of restaurant’s loyal clientele is snowbirds so business is seasonal. Lease good thru 2030 with 5 year option ($8,500/month and 3,100 square feet with seating capacity of 116). Beer and wine license. Sales averaged at least $100,000/month before the coronavirus. Sales now around $50,000/month (take-out and delivery only) as restaurant is just beginning to reintroduce the dine-in option. Advertised financials conservatively represent estimated pre-virus sales and costs. Great opportunity to buy at a distressed price given how profitable this longstanding restaurant has always been. Seller will hold a partial Note for qualified buyer. Please contact Martin Berliant or email us for more information. Nondisclosure form is required.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Other business interests.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Relevant Links: