Chinese Restaurant Fast Food / Recession Proof- Steady Income
| Asking Price: | $575,000 | Inventory: | $5,000 ** |
| Gross Revenue: | $1,100,000 | Real Estate: | n/a |
| Cash Flow: | $185,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Location! Location! Location!
11 years of History Chinese Restaurant at One of the Best Shopping Mall in Orange County
Super Prime Location, Recession Proof Sales Revenue and Steady Incomes
Even this serious recession does not make any differences for this business
Seller is very confident with books and records,
11 YEARS WELL ESTABLISHED/ BEST PRIME LOCATION/ RECESSION PROOF- STAEDY INCOME/ EASY OPERATION
All those are ready to prove for qualified buyer.
Approx $91,700 per Month Average Sales Volume about recent 1 year period
Net Income per month average of $15,400 per month for last 12 months average
Recently Seller spent approx $50,000 for remodeling and repalcement of some equipment last a couple of months for new buyer
Everything is ready to go !!!
New 10 years Lease get started from this year after first 10 years lease term expired 9.5 years of remaining lease
Approx 2,875 square feet including patio area
Definitely Seller wants Buyer making same or better business at the location Seller willing to train buyer about 3 weeks after close of escrow without compensation \or stay longer as consultant under certain agreement.
ABC license On Sale Beer and Wine License is Included in price
Total of 22 Employees Full and Part time workers
Seller works about 20 hours per week mostly come to check 4 days a week
This Restaurant is not Full Dining type More Likely Panda Express Type of Fast Food/ more easy to operate
For more detail and address
Call Me at (213) 327-5400
or Email Me at
jameskwonrealtor@yahoo.com or
WWW.JAMESKWONBROKER.COM
from this web site, click into " CONFIDENTIALITY " menu, Complete N.D.A. Please
11 years of History Chinese Restaurant at One of the Best Shopping Mall in Orange County
Super Prime Location, Recession Proof Sales Revenue and Steady Incomes
Even this serious recession does not make any differences for this business
Seller is very confident with books and records,
11 YEARS WELL ESTABLISHED/ BEST PRIME LOCATION/ RECESSION PROOF- STAEDY INCOME/ EASY OPERATION
All those are ready to prove for qualified buyer.
Approx $91,700 per Month Average Sales Volume about recent 1 year period
Net Income per month average of $15,400 per month for last 12 months average
Recently Seller spent approx $50,000 for remodeling and repalcement of some equipment last a couple of months for new buyer
Everything is ready to go !!!
New 10 years Lease get started from this year after first 10 years lease term expired 9.5 years of remaining lease
Approx 2,875 square feet including patio area
Definitely Seller wants Buyer making same or better business at the location Seller willing to train buyer about 3 weeks after close of escrow without compensation \or stay longer as consultant under certain agreement.
ABC license On Sale Beer and Wine License is Included in price
Total of 22 Employees Full and Part time workers
Seller works about 20 hours per week mostly come to check 4 days a week
This Restaurant is not Full Dining type More Likely Panda Express Type of Fast Food/ more easy to operate
For more detail and address
Call Me at (213) 327-5400
or Email Me at
jameskwonrealtor@yahoo.com or
WWW.JAMESKWONBROKER.COM
from this web site, click into " CONFIDENTIALITY " menu, Complete N.D.A. Please
About the Business
Year Established:1999
Employees:8 full time - 14 part time
Facilities:2,875 square feet with Patio
About the Sale
Management Training and Support:3 weeks after close of escrow
Reason For Selling:Expanding more restaurant forced to sell for cash out
Attached Files - Attachment Disclaimer
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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