Upscale Chinese Restaurant for Sale! Over a $1.1 Million in Sales with an owner benefit of over $150,000
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
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 Scott Ruby at (612) 352-8718Lease Term: New 5 year Lease will be established
Monthly Rent: $10000,
Indoor Seating: 50
Inside Sq. Ft: 3000,
Hood System: Yes
Neighboring Businesses: Retail, Offices and Residential Neighborhoods
Hours Open: Thursday - Tuesday - 11am - 7:30pm
# of Part-Time Employees: 2
# of Full-Time Employees: 2
Net Sales: $1100000.00
Owner Benefit: $150000