Chinese takeout restaurant.(established 40 years.)

Asking Price$50,000

Cash Flow
$87,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$350,000

Inventory$10,000
Not included in asking price
FF&E$35,000
Included in asking price
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Chinese takeout restaurant.(established 40 years.)


Asking Price$50,000

Cash Flow
$87,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$350,000

Inventory$10,000
Not included in asking price
FF&E$35,000
Included in asking price

Seller Financing Available
Business Description
Great opportunity to own a established 40yrs restaurant
Opportunity to own 40 years establish Chinese restaurant in very safe Neighbourhood. Owner like to semi retired because of the health issue. It is located in cent of the town where all other businesses around but not Chinese takeout restaurant so there is no competition. A huge potential of increase the business because down population double with new development. Can be money making store for single-family or multiple business owner. Call direct Soham Patel.
About the Business
Years in Operation
50
Number of Employees
3
Facilities & Assets
Complete restaurant, equipment and furniture and point of sell
Market Outlook / Competition
Place is next to Liquor Store and Domino Pizza and bagel store one store away bakery across the street main downtown area of the town. You can convert that in Thai restaurant sushi bar, Indian restaurant, Mexican restaurant, ice cream parlor.
Opportunities for Growth
Town just expand and double the population from 5000 to 10000 great potential safe Neighbourhood. No competition nearby.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,996
Rent
$4,500.00 per month
Lease Expiration
12/31/2030
About the Sale
Seller Motivation
Owner semi retiring because of the health condition ran the business for more th
Financing Options
NA
Listing Info
ID
2410574
Listing Views
126
Business Location

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Business Listed by: Soham Patel

Listing ID: 2410574 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.