: Chinese Restaurant that could be converted to any concept
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TYPE OF BUSINESS: Chinese Restaurant that could be converted
to any concept you want
LOCATION: North Shore
SELLING PRICE: $4,500,000 w/Real Estate DOWN PAYMENT: 10% w/ SBA
SALES VOLUME: $50k/wk.
SQUARE FOOTAGE: 5,000sf w/ an amazing clean dry basement for prep and storage with six walk-ins
HOURS OF OPERATION 11-9 Tues. – Sun.
SEATING: 255 inside
REASON FOR SELLING: Retiring
COMMENTS: This exceptionally well-maintained restaurant offers everything needed for continued success. The full-service Chinese facility includes a full liquor license, parking for 75 cars, a separate lounge area with TVs, modern bathrooms, and first-rate equipment in excellent condition. Real estate is included in the sale price. Located at a major intersection on a heavily traveled road connecting to numbered routes, the property offers strong visibility and easy access. The simple décor allows the space to be quickly converted to almost any concept.
to any concept you want
LOCATION: North Shore
SELLING PRICE: $4,500,000 w/Real Estate DOWN PAYMENT: 10% w/ SBA
SALES VOLUME: $50k/wk.
SQUARE FOOTAGE: 5,000sf w/ an amazing clean dry basement for prep and storage with six walk-ins
HOURS OF OPERATION 11-9 Tues. – Sun.
SEATING: 255 inside
REASON FOR SELLING: Retiring
COMMENTS: This exceptionally well-maintained restaurant offers everything needed for continued success. The full-service Chinese facility includes a full liquor license, parking for 75 cars, a separate lounge area with TVs, modern bathrooms, and first-rate equipment in excellent condition. Real estate is included in the sale price. Located at a major intersection on a heavily traveled road connecting to numbered routes, the property offers strong visibility and easy access. The simple décor allows the space to be quickly converted to almost any concept.
About the Business
- Years in Operation
- 34
- Employees
- 25 (15 Full-time, 10 Part-time)
- Currently Relocatable
- Yes
- Facilities & Assets
- Able to become any concept. The building has been built with on the finest materials. the parking lot can accommodate 70+ cars. On a corner of an intersection with commanding visibility a road that connects two numbered routes. Inside a perfectly laid out dining and kitchen area with a full basement for not only storage, but prep with six walk-ins and freezers. The lounge has a very comfortable area and large screen TV, and the bar has 10 stools. Upstairs you find a very private area for functions that can accommodate up to 80 guests
- Market Outlook / Competition
- none in the area
- Opportunities for Growth
- No competition for quite some distance. Add lottery with right concept.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 10,000
About the Sale
- Seller Motivation
- retiring and health issues
- Transition Support
- as needed
- Financing Options
- SBA Financing Available
Listing Info
- ID
- 2534488
- Listing Views
Listing ID: 2534488 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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