Chinese Fast Food Restaurant For Asset Sale

This Chinese fast-food restaurant is on the market for sale in an "as-is" condition, as an Asset Sale. The new owner has the flexibility to either retain the existing menu or introduce a completely new concept. The restaurant boast a prime location, neighbored by popular establishment like 7 Leaves Cafe, enhancing it's appeal. The facility is well-equipped with a comprehensive range of kitchen amenities. This includes coutertop steamtables, a full kitchen with a hood, a gas fryer, refrigerators freezers, work tables, a gas BBQ oven & smoker, an ice maker, a walk-in cooler, ample storage space, and more. This presents a remarkable opportunity for those who have a unique concept and are ready to embark on running their own restaurant. With a store size of 2,210 sq.ft., the rental is competitively priced at $6,450 per month, including NNN. The current owner has successfully operated the business for 10 years, laying a solid foundation for future growth and success.

Down Payment: $70,000

Total Sales: N/A

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $40,000

FFE Included: Yes

Inventory: $4,000

Inventory Included: No

Year Established: 1988

Days & Hours of Operation: 6 Days, 10:30 - 7:30pm(Mon-Sat), Sunday Closed

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 4

Absentee Owner: No

Lease Option: Incl.NNN, New Lease Available

Real Estate: N/A

Real Estate Included: No

Monthly Rent: N/A

Type of Location: Strip Mall

Square Footage: 2210

Relocatable: No

Reason For Sale:

Retire