Price Reduced to $1.5M-Central,Or. Restaurant, w/Drive Thru, RE, Hwy97

Asking Price$1,500,000

Cash Flow
$402,599

EBITDA$402,599

Gross Revenue$958,927

Inventory$7,500
Not included in asking price
FF&E$150,000
Included in asking price
Real Estate$1,400,000
Included in asking price
listing imageSave

Price Reduced to $1.5M-Central,Or. Restaurant, w/Drive Thru, RE, Hwy97


Asking Price$1,500,000

Cash Flow
$402,599

EBITDA$402,599

Gross Revenue$958,927

Inventory$7,500
Not included in asking price
FF&E$150,000
Included in asking price
Real Estate$1,400,000
Included in asking price
Business Description
Located on Hwy 97 in Redmond, renowned Cindy's Chinese Garden is for sale. This well established and profitable business has been a mainstay in the community for nearly 20 years serving both Chinese and American cuisine.
The building was built and designed specifically for a restaurant and features a "Drive Thru Window", walk in cooler, walk in freezer, grill, hood and all necessary equipment to operate a successful restaurant.
The business lot has 87 parking spaces, providing ample parking and a "Drive Thru Window" for ease and convenience. The bar area is separate from the main dining area allowing for easy expansion of the bar for sports viewing or private events.
The business occupies a modern 4,476 sgft facility featuring two dining areas seating 81 patrons and a bar with additional seating. The building also features a second story for office and storage space.
The building is very versatile and can be converted into any type of restaurant and the location is highly visible with easy access.
The building design and structure will accommodate any type of Restaurant and can be transformed with minor interior remodeling.
The owners are retiring and will train new owners.
About the Business
Years in Operation
21
Number of Employees
6
Facilities & Assets
Cindy's Chinese Garden occupies a modern 4,476 sq ft facility and was designed and built specifically for a restaurant. The building has two large dining areas allowing for banquets and large groups, a full service bar and and a second story for office and storage space. The large lot contains 87 parking spaces and the restaurant can seat 81 patrons. The kitchen also features a Walk in Cooler and Walk in Freezer.
Market Outlook / Competition
The Restaurant is located in the "Restaurant Row" area of Redmond along Hwy 97 and is the only Asian Restaurant in that area.
Opportunities for Growth
The business could benefit from additional social media presence.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,476
About the Sale
Seller Motivation
Retiring
Transition Support
Owner will train
Financing Options
Seller Prefers Cash
Listing Info
ID
2180227
Listing Views
2615

Contact Seller

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Business Listed by: Gary L. Weston Coldwell Banker Commercial- Mountain West Real Estate Business Sales

Listing ID: 2180227 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.