Well-Established Chinese Restaurant w/Bar Winnebago County - 26 Years!

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Great Reviews!
Asking Price:
$249,000

Gross Revenue:
$723,602
Cash Flow:
$142,118
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

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!

Asking Price: $249,000 + Inventory (Approx $5,000)

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

Year Established:
1992
Number of Employees:
20
Real Estate:
Leased
Building Sq. Ft.:
3,500
Rent:
$4,000.00 Per Month
Facilities:
Leased space $4,000/mth gross. Offering a new 5-year lease with options.

Square Feet: 3,500.

Seating: 150.

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.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Focus On Other Business
Training/Support:
One week on-site comprehensive training.
Seller Financing:
No

Listing Info

ID:
1616652
Ad Detail Views:
0

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Business Listed by

Tom Traina

EatZ & Associates
License# 475175390

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U.S. Census Data for Winnebago County, IL
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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Winnebago County, IL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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