Gourmet Chinese Restaurant

Not Disclosed, FL
Palm Beach County

Palm Beach County

Asking Price: Annual Revenue:
$150,000 $899,255

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Gourmet Chinese Restaurant Broker: martin berliant

Quick Facts

Asking Price: $150,000
Annual Revenue: $899,255
Net Profit: $131,555
Cash Flow: $131,555
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 10
BBN Listing #: 764329831
Broker Reference #: Not Disclosed

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Business Overview:

Gourmet Chinese and Dim Sum restaurant for sale. Same location for over 30 years with most clientele local seniors and seasonal snowbirds. New owner recently spent over $200,000 in beautiful remodeling and equipment. Sale due to family issues. Full 4COP liquor license. Restaurant is 4,400 square feet (rent $11,750/month) and seats 154. Long term lease in place. Sales averaging about $75,000/month in 2021 with much room for improvement after virus fully dies down. About 10% of total sales is delivery, 30% of total sales is carry-out, and balance is dine-in. Please contact Martin Berliant for more information. Nondisclosure form is required.

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Reason for Selling:

Family reasons

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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