Chinese Fast Food – Busy – Easy Operation – 34 Years

Listing # - 5362 CL

Since its establishment in 1989, this Chinese Fast-Food Restaurant has been a culinary fixture in the bustling area of North Hollywood.

Situated amid thriving stores and a lively intersection, it's in an ideal location to attract a steady stream of customers.

Despite the current owner dedicating only 20-30 hours weekly to the business for over 14 years, the restaurant's strong following of loyal customers and high-volume sales yield a net monthly profit exceeding $20,000.

This is achieved through a streamlined operational model focused on food preparation, with a whopping 90% of business stemming from to-go orders, serviced by food delivery platforms and customer pickups.

The restaurant features a well-organized set-up of eight steam table stations, each with two dishes, catering efficiently to the high demand.

For dine-in customers, a spacious dining room with a capacity of 32 seats and a TV for entertainment provides a welcoming and enjoyable dining experience.

Down Payment: $398,000

Total Sales: $780,000

Cash Flow: $240,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: $5,000

Inventory Included: No

Year Established: 1989

Days & Hours of Operation: 7 Days (11am - 9am)

Owner Hours Per Week: 20 - 30 Hours

Non-Owner Payroll: N/A

Employees: 5

Absentee Owner: No

Lease Option: 5 Years Option

Real Estate: N/A

Monthly Rent: $5,300

Type of Location: Unit in a Shopping Plaza

Square Footage: 1450

Reason For Sale:

Retire