Established Highly Profitable Chinese Restaurant

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Asking Price:
$368,000

Gross Revenue:
$1,500,000
Cash Flow:
$360,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Visible Chinese restaurant in busy shopping center. Profitable and established business with options to negotiate longer term lease!
Seating in dinning area for 120. Also, bar area seating for 4.
Restaurant has a wine and beer license.

About the Business

Year Established:
2004
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
4,310
Lease Rate/Sq. Ft./Mo.:
$30.60
Lease Expiration:
7/1/2019
Facilities:
All equipment owned! Seating in dinning area for 120. Also, bar area seating for 4. Restaurant has a wine and beer license.
Market Outlook/
Competition:
In a busy Shopping center next to National Tenants
Growth & Expansion:
Does not offer Delivery now which would increase sales dramatically.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Yes

Listing Info

ID:
1376463
Ad Detail Views:
303

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Business Listed by

Jeff Hoffman

CapStar Commercial Realty

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Sponsoring Broker:

John Lin
CapStar Commercial Realty

U.S. Census Data for Fairfax County, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Fairfax County, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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