Prime Location, a Freestanding Building with plentiful parking, Great net income and Fantastic opportunity for fulltime Owner operator or Owner Chef Operator, well known restaurant for dim sum in San Fernando Valley since 1998. SBA Loan 40% down subject to Lenders approval of buyer, Buyer' experience & financial. Fully Equipped, spacious 2 Kitchens with walk-in Cooler & Freezer, fantastic laid out, for more info please contact Remy at contact info listed herein.

INVENTORY Approx: $20,000
BUSINESS TYPE: Full Service Chinese Dim Sum Restaurant with Beer & Wine
LICENSES: License type 41 - onsale - Beer & Wine
BUILDING & PARKING: Freestanding Building, Ample Parking
SEATING CAPACITY: Approx 200 more or less
DAYS OPEN & HOURS: 7 Days 11:00am to 8:30pm - weekend close at 9pm
AREA: NORTHRIDGE, CA
STORE SIZE: Approx. 4,356 SQ. FT. situated on 17,921 SQ. FT. Lot
HOW LONG EST: Since 1998
NO. OF EMPLOYEE: 10 Full-times and 5 part-times
OWNER'S WORKING HOURS: Owners works 6 days a week Open to Close
LEASE, Approx.: Contact Remy @ 213-798-9987

Approx, Represented by Seller as per Listing Agreement
Annual Average
Approx Total, Gross Sales , before sales tax: $1,680,000.00
Cost: $504,000.00
Gross Profit: $1,176,000.00

Expenses, Approx. Annual
Base Rent: $221,376.00
Additional Rent - NNN: $22,146.00
Wages + Payroll Tax: $576,000.00
Owner's Salaries: $222,480.00

Total Expenses: $1,206,486.00
Approx, Income: -$30,486.00
Recapture of Owner's Salary: $222,480.00
Approx, Net income: $191,994.00

Please, under any circumstances, do not Disturb discuss the sale of the business with any employer/seller, employee or business neighbor, For more information please contact REMY CHEN the Broker at contact listed herein.

Broker/Agent does not guarantee the accuracy of the income, expenses or other information concerning the business provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals.