Chinese Restaurant established for 30 years

Asking Price$150,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$550,000

Inventory$3,000
Not included in asking price
FF&E$75,000
Included in asking price
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Chinese Restaurant established for 30 years


Asking Price$150,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$550,000

Inventory$3,000
Not included in asking price
FF&E$75,000
Included in asking price
Business Description
Established for 30 years this Chinese family has had only two owners. The current owner is now looking to sell and retire. This restaurant has a good reputation and good quality food and the new owner should be able to continue running the business without any interruption.
The chef will stay and the Seller will train the new owner for 2 weeks.
This business is turnkey and has everything needed to continue being profitable.
There is room to improve by doing marketing and staying open an extra day.
About the Business
Years in Operation
30
Employees
5 Full-time
Key employee will stay
Facilities & Assets
Turnkey and profitably running for 3 decades
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
$6,350 per month
Lease Expiration
8/31/2031
About the Sale
Seller Motivation
Retirement
Transition Support
2 Weeks
Listing Info
ID
2537227
Listing Views

Listing ID: 2537227 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. See our full Terms of Use. Learn how to avoid scams.


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