Asking Price: $249,000 Gross Revenue: $723,602Cash Flow: $142,118 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Serving delicious authentic Chinese cuisine.
Full service restaurant with a full bar. Dine-in, carry-out and local delivery. Online ordering available. Lunch, dinner and drink specials.
Beautifully appointed interior with an Asian flair. Cozy atmosphere.
Family owned and operated.
Location: Prime retail space in a spectacular freestanding building with ample parking. Conveniently located on the main street/major highway running through this growing far northwest city. Surrounded by a flourishing commercial and residential area.
Perfectly situated in the largest city in IL outside of Chicago, conveniently located 65 miles northwest of O'Hare. The area is home to several Fortune 500 company facilities, 3 major medical facilities, as well as more than 15,000 other businesses. It's the best of big city and small-town living. Almost 30% of the US population lives within 500 miles of its borders!
Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not talk to any of the employees or patrons.
If interested, contact EatZ for more information. Showings by appointment only.
Listed By Tom Traina at EatZ & Associates
About the Business
Number of Employees:
Building Sq. Ft.:
$4,000.00 Per Month
Leased space $4,000/mth gross. Offering a new 5-year lease with options.
Square Feet: 3,500.
Days/Hrs of Operation: Mo 11a-2:30p & 4p-9p, We-Fr 11a-2:30p & 4p-9p, Sa 4p-9p, Su 11a-9p.
Value of FF&E: Included in Asking Price.
Best Chinese in the area. Mouthwatering options. Everything made fresh. Extensive drink menu. Known for their tasty food and outstanding service.
Growth & Expansion:
Real gem. A staple in the community. Local favorite Chinese restaurant. Lots of regulars. “Go-To” for Chinese dine-in, takeout and delivery. Highly rated and recommended, great reputation to build upon.
Well-Established Chinese Restaurant w/Bar Winnebago County - 26 Years!
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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
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