Chinese Restaurant for Sale in Broward County - Close to the Beach

Chinese Restaurant for Sale in Lauderdale by the Sea, Florida has built in customer base, fully equipped commercial kitchen, and priced to sell. Buy this Chinese restaurant for sale, offered by We Sell Restaurants, and take advantage of Florida’s quality of life.
 
The Chinese restaurant for sale has been in operation since 2004. The current owner has been in place since 2016. The seller is set to retire and has set the listing price for a fast sale. The Chinese restaurant for sale serves the 1,000’s of residents living in condominiums by the beach, 1,000’s of tourists that flock to the area throughout the year, and the employees who work in the near vicinity. Due to geographical limitations, there is very little competition for this shopping center and this business in the area. The Chinese restaurant has more than $250,000 of sales on the books.
 
The Chinese restaurant for sale is housed in a 1,260 square foot space that has seating for thirty-eight guests inside and another four guests outside.  The restaurant is full service and has waitress service. Pick-up and delivery are very popular. You can easily increase sales and profits by contracting with third party services such as door dash, uber eats, etc. to accept orders and handle the delivery for you. The shopping center is anchored by Publix and a national pharmacy. National and local restaurants, retail and service providers make up the remaining tenants. The multi-use center has more than 90,000 square feet of rentable space and is located on A1A, close to the beach. More than 98,000 vehicles pass the center daily. The demographics are very strong. In a three-mile radius, the population is 87,849 with an average household income in excess of 90,000. 1,000’s of customers lives within walking distance. The monthly rent is $4,660 including all CAMS and Taxes. The lease expires on September 30, 2024.
 
The fully equipped commercial kitchen has it all for this Chinese Restaurant for sale, featuring a 24 - foot exhaust hood, inground grease trap, and walk-in cooler. The cooking equipment includes 5 wok cookers, two fryers, four-eye burner with stove, and a rice cooker. The refrigeration equipment is all commercial grade. The front of house is set up nicely and accommodates 38 guests in a mix of tables and booths. Two additional tables are set up outside.
 
The current menu at this Chinese Restaurant for sale includes all your favorite Chinese dishes and other Asian specialties. All recipes will transfer with the sale of assets and the seller will offer two weeks of training at no cost at the time of sale.
 

Please click on the tab below to easily acknowledge confidentiality on this Chinese Restaurant for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Ken Eisenband at (561) 350-3365

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Listing

  • Listing#: 7301
  • Price: $70000
  • Location: Lauderdale By-The-Se
Lease Term: Expires September 30, 2024
Monthly Rent: $4660.49,
Indoor Seating: 38
Inside Sq. Ft: 1260,
Hood System: Yes
Neighboring Businesses: National and Local Restaurants, Retail, and Service Providers
Hours Open: Monday-Saturday 11:30am-9:30pm Sunday 4pm-9:30pm
# of Part-Time Employees: 3
# of Full-Time Employees: 4
Net Sales: $253694.00
Owner Benefit: $15524

Features

  • Chinese Restaurant for Sale in Lauderdale By the Sea
  • Fifteen Years of Goodwill Built-In
  • Fully equipped commercial kitchen features 24 foot exhaust hood, five WOK cookers, and walk-in cooler
  • The three mile radius population is 87,849 with an average household income in excess of $90,000
  • Average Daily Traffic Counts have more than 98.000 vehicles passing by daily
  • All recipes will transfer and the seller will train for two weeks at no additional cost
  • Chinese Restaurant for Sale