Well-Established Profitable Chinese Restaurant

Asking Price$500,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$864,000

InventoryNot Disclosed

FF&ENot Disclosed

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Well-Established Profitable Chinese Restaurant


Asking Price$500,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$864,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
It has been established for more than 26 years with stronly regular customers. Locals love the affordable lunch specials avaiable during the day.
The monthly sales are more than $70,000 and the rent is $3,500. The restaurant is for sale due to the owner's relocation to another state for another business opportunity. The property is also for sale if demanded by the buyer. The property has been leased by the seller who is son of the property owner. It is fully equipped with modern facilities, furniture, and everything needed to continue operation as is. Main menus are Wings and Lo Mein, Cut Wings, Soups, Fried Rice, Wings and French Fries, and A la Carte and so on.
All resonable offers and terms are open for duscussion and negotiation.
About the Business
Years in Operation
27
Employees
7 (3 Full-time, 4 Part-time)
Facilities & Assets
All the facilities, furniture, and every equipment needed for the operation will be transfered.
Market Outlook / Competition
The closest competitor is 2 mile away.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,250
Rent
$3,500 per month
About the Sale
Seller Motivation
The seller seeks to be relocated to enter another industry in another state.
Transition Support
Training will be provided for two weeks.
Listing Info
ID
2543621
Listing Views

Listing ID: 2543621 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.