Popular Chinese Restaurant in Busy Shopping Center

Asking Price$175,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$5,000
Not included in asking price
FF&E$50,000
Included in asking price
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Popular Chinese Restaurant in Busy Shopping Center


Asking Price$175,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$5,000
Not included in asking price
FF&E$50,000
Included in asking price
Business Description
Own one of the most iconic restaurants in the city with a long history of providing great Chinese food. This restaurant has served the community for many years and has become a favorite go-to spot for Chinese food. The business last year had a remodel, improving outdated furniture and equipment. The business is currently a turn-key operation. Business is currently run semi-absentee. Staff operate the business seamlessly, and several employees have worked at the restaurant for many years. Located on a main street in a busy shopping center. Good parking (e.g., ingress and egress), a great layout, and a back entrance for deliveries.
About the Business
Years in Operation
39
Employees
8 Part-time
Facilities & Assets
Updated equipment and furniture. 12-foot hood, walk-in cooler with back entrance for deliveries and parking.
Market Outlook / Competition
No Chinese restaurants nearby and the other restaurants in the center help the business. The area is a popular lunch destination, with a variety of restaurants and several nearby businesses, including City Hall across the street. It sees a strong midday lunch rush and picks up again in the evening for dinner.
Opportunities for Growth
This restaurant has a lot of room to grow, especially for someone who wants to run it themselves or is an expert restaurateur. The location is great; having been established for over 30 years, it already has a loyal customer base. There are clear ways to improve, such as adding new menu items, improving quality and taste, doing more social media marketing.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,880
Rent
$8,900.00 per month
Lease Expiration
1/12/2030
About the Sale
Seller Motivation
Focus on core business (not in the restaurant industry)
Transition Support
included in the sale
Listing Info
ID
2476001
Listing Views
6

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Business Listed by: Andre Gulmesoff California Business Ventures

Listing ID: 2476001 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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