Chinese Restaurant – With Beer & Wine

Price: $250,000

Location: Los Angeles County

Industry: Chinese Restaurants

Listing ID: 01985313DZ

Listing Status: New

Description

Listing ID - 01985313DZ

Discover the taste of authentic Northern Chinese cuisine in a thriving and well-known plaza.

With decades of operation and a loyal customer base, this restaurant has established a reputation for delivering exceptional food and service.

The current owner, who recently acquired the business, has found that running a restaurant is not their area of expertise and is now offering a rare opportunity for a new owner to take over a profitable and unique dining establishment.

This restaurant comes complete with a beer & wine license and a talented chef, as well as a team of dedicated full-time employees.

You can start earning profits from the moment you take ownership, as all the key components of the business are already in place.

With an annual SDE of nearly $350,000, the seller is asking only $250,000, making this a fantastic value for someone looking to enter the food and beverage industry.

Don't miss out on this once-in-a-lifetime opportunity to own a successful and beloved restaurant.

LISTING DETAILS

Down Payment: $250,000

Total Sales: $1,200,000

Cash Flow: $336,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: $10,000

Inventory Included: No

Operation

Year Established: 2003

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

Non-Owner Payroll: N/A

Employees: 6

Location

Real Estate: N/A

Monthly Rent: $7,500

Type of Location: Shopping Center

Square Footage: 2600

Franchise: No

Summary

Reason For Sale:

Other Business Interest

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER