Asian Themed Profitable Restaurant with Property

Business
  • Listing# : 14927
  • Listed Price : $1,160,000
  • Total Sales : $520,810
  • SIC : 5812
  • Down Payment : $1,160,000
  • Status : Active
  • Discretionary Earnings : $81,632

Business Type :

Restaurants / Ethnic Restaurant

Business Description :

Long standing Chinese restaurant with great reviews. Property alone is worth $1,200,000. Building is in great shape. Owners have been winding down but in prior years this business netted over $300,000. Large bar area with room for bands, which have been a strong draw for the local community.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $1,000,000
    • Incl : Yes
    • Inventory $10,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $150,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $1,160,000
    • Incl : Yes

Lender Prequalified:

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Restaurants