Established Chinese Restaurant | $1.6M Sales | San Diego
Business Description
CONFIDENTIAL ESTABLISHED CHINESE RESTAURANT – SAN DIEGO COUNTY
Asking Price: $330,000
Gross Sales: Approximately $1.6 Million
Size: Approximately 2,100+ SF
Liquor License: Type 47 Included
Lease: Long-Term Lease with an Additional 5-Year Option
Excellent opportunity to acquire an established, fully equipped Chinese restaurant operating in an affluent San Diego County market. The business generated approximately $1.6 million in gross sales during the most recent 12-month period, based on POS sales reports.
The restaurant offers a complete turnkey setup with a fully built-out commercial kitchen, dining area, furniture, fixtures, and extensive operating equipment. A Type 47 ABC liquor license is included in the sale, subject to applicable transfer requirements.
KEY HIGHLIGHTS:
• Approximately $1.6 million in recent 12-month gross sales
• Approximately 2,100+ SF restaurant space
• Long-term commercial lease with an additional 5-year renewal option
• Type 47 ABC liquor license included
• Fully built-out commercial kitchen and dining area
• Extensive furniture, fixtures, refrigeration and cooking equipment
• Existing staff and established operating history
• Convenient access, ample parking and strong surrounding demographics
This opportunity may be especially attractive to an experienced restaurant operator seeking to take over an established operation without the substantial construction expense, permitting process, equipment cost and startup time required to build a new restaurant.
A new owner may have opportunities to improve performance through menu refinement, stronger digital marketing, expanded takeout and delivery, improved cost controls and possible concept repositioning, subject to landlord approval and existing lease restrictions.
Financial information, lease terms, equipment details and the exact location will be provided to financially qualified buyers after execution of a confidentiality/non-disclosure agreement.
CONFIDENTIALITY NOTICE:
The business name and exact location are intentionally withheld to protect the ongoing operation. Please do not contact employees, visit the restaurant for acquisition purposes or attempt to identify the business without authorization.
Serious and financially qualified inquiries only.
Asking Price: $330,000
Gross Sales: Approximately $1.6 Million
Size: Approximately 2,100+ SF
Liquor License: Type 47 Included
Lease: Long-Term Lease with an Additional 5-Year Option
Excellent opportunity to acquire an established, fully equipped Chinese restaurant operating in an affluent San Diego County market. The business generated approximately $1.6 million in gross sales during the most recent 12-month period, based on POS sales reports.
The restaurant offers a complete turnkey setup with a fully built-out commercial kitchen, dining area, furniture, fixtures, and extensive operating equipment. A Type 47 ABC liquor license is included in the sale, subject to applicable transfer requirements.
KEY HIGHLIGHTS:
• Approximately $1.6 million in recent 12-month gross sales
• Approximately 2,100+ SF restaurant space
• Long-term commercial lease with an additional 5-year renewal option
• Type 47 ABC liquor license included
• Fully built-out commercial kitchen and dining area
• Extensive furniture, fixtures, refrigeration and cooking equipment
• Existing staff and established operating history
• Convenient access, ample parking and strong surrounding demographics
This opportunity may be especially attractive to an experienced restaurant operator seeking to take over an established operation without the substantial construction expense, permitting process, equipment cost and startup time required to build a new restaurant.
A new owner may have opportunities to improve performance through menu refinement, stronger digital marketing, expanded takeout and delivery, improved cost controls and possible concept repositioning, subject to landlord approval and existing lease restrictions.
Financial information, lease terms, equipment details and the exact location will be provided to financially qualified buyers after execution of a confidentiality/non-disclosure agreement.
CONFIDENTIALITY NOTICE:
The business name and exact location are intentionally withheld to protect the ongoing operation. Please do not contact employees, visit the restaurant for acquisition purposes or attempt to identify the business without authorization.
Serious and financially qualified inquiries only.
About the Business
- Years in Operation
- 1
- Employees
- 11 (6 Full-time, 5 Part-time)
11 employees currently in place, including 6 full-time and 5 part-time employees - Facilities & Assets
- Approx. 2,118 SF restaurant with a fully built-out commercial kitchen, glass-fronted prep and service area, dining room and modern restrooms. The sale includes furniture, fixtures and equipment, including a walk-in cooler, refrigeration and freezer units, refrigerated prep stations, wok range, fryer, griddle, stock/soup range, dough and filling mixers, meat slicer, prep tables, sinks, dining furniture and related operating equipment. A Type 47 ABC license is included, subject to applicable transfer approval.
- Market Outlook / Competition
- Located in an affluent San Diego County trade area with strong surrounding demographics, convenient access and ample parking. The well-established commercial area provides access to a substantial local customer base. The fully built-out kitchen, Type 47 liquor license and existing restaurant infrastructure offer an attractive platform for an experienced operator.
- Opportunities for Growth
- Upside opportunities may include menu refinement, stronger digital and social-media marketing, expanded takeout and delivery, improved cost controls and operating efficiencies, and increased local outreach. A qualified new concept may also be considered, subject to landlord approval, lease restrictions and any existing exclusive-use provisions.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,118
- Rent
- $12,178 per month
About the Sale
- Seller Motivation
- Change in ownership priorities and long-term business objectives.
- Transition Support
- Seller will provide reasonable transition training and operational assistance to facilitate a smooth transfer. The scope and duration of such assistance will be mutually agreed upon in the purchase agreement.
- Financing Options
- Base rent is approximately $12,178.50 / month, plus approximately $2,426.24 per month
Listing Info
- ID
- 2545436
- Listing Views
- 72
Listing ID: 2545436 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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