Sales Over $1 M Chinese Restaurant with Property

Asking Price$1,020,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,120,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$800,000
Not included in asking price
listing imageSave

Sales Over $1 M Chinese Restaurant with Property


Asking Price$1,020,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,120,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$800,000
Not included in asking price

Seller Financing Available
Business Description
Seize the chance to own a prime commercial property on Port Elgins main street, a bustling beach town in Bruce County! This Highway Commercial property boasts exceptional visibility, ample space, and easy access via Highway 21, making it perfect for launching your ideal business. With a sizable lot of 123x132 feet, the property offers significant potential for future development, including building expansions, drive-through options, and outdoor patios. Whether you're looking to start a new venture, grow an existing business, or invest in commercial real estate, this location provides a great opportunity. The property is already equipped with a fully operational kitchen and fixtures, ideal for those planning to continue or start a restaurant however the opportunities are endless and this location will definitely suit those looking to create office, retail or other commercial spaces. Benefit from high foot traffic and strong visibility on Port Elgin's main drag and become a key part of this vibrant community. **EXTRAS** wooden front counter; Two combo walk-in cooler/ freezer; 3range wok gas burner; single wok burner; two deep fryers; 2-range gas burner; 2-range soup warmer; 6' prep fridge; 2-door fridge; 3-door fridge; pop cooler;two stainless steel tables
About the Business
Years in Operation
8
Employees
4 Full-time
Facilities & Assets
Walk-in Coolers and Walk-in Freezers
Market Outlook / Competition
Take-out only. Google Review 4.8 .
Opportunities for Growth
Open 5 days per week ,One month vaction in winter.The buyer can generate more revenue by extend business hours.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
16,236
About the Sale
Seller Motivation
Retire
Transition Support
Seller provides free training as requierd.
Financing Options
Financial statement for CRA
Listing Info
ID
2476329
Listing Views

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: HONGWEI ZHAO Bay Street Group Brokerage

Listing ID: 2476329 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.