Palm Beach County Chinese Restaurant

Palm Beach, FL
Palm Beach County

Asking Price: Annual Revenue:
$199,000 $740,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Palm Beach County Chinese Restaurant Broker: Gary Lengel

Quick Facts

Asking Price: $199,000
Annual Revenue: $740,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $139,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 11
BBN Listing #: 3429630
Broker Reference #: 0101591438

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Business Overview:

Chinese restaurant in Palm Beach County established for 20+ years. Located in a prime space in a very busy shopping center at a major junction, and near FL Turnpike. Serving traditional rice and noodle dishes, vegetarian dishes, and soups, all the way up to Maine lobster specialties. Extensive menus, lunch and dinner, for eat in or take out and catering. Delivery available for larger orders. Owners looking to relocate out of area. Fully staffed with long term employees and ready to go. True turn key opportunity! Please refer to listing # 0101591438 Business Broker Gary Lengel when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $10,952; Square Footage: 2,800; Building Type: Strip center; Terms & Options: 5 year; Expiration Date: 10/1/2021.

Market Competition and Expansion:

Non Compete : Miles: 15 Years: 5

Reason for Selling:

Owner Relocating

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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