Quick Service Chinese Restaurantfor Sale,
Location:
United States
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California
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Southern California - Los Angeles Area
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North La County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Quick Service Chinese restaurant located in busy shopping center in northern L.A. county fast growing city. Located on a busy intersection in an upscale community. Excellent reputation in the community. Only Chinese restaurant in the shopping center with a protection clause in the lease. Plenty of surrounding businesses including large grocery store, bank & retail stores. Excellent books & records to justify POSITIVE recent cash flow. Owner wishes to take a step back and retire. Business is perfect to be assumed or changed into serving a different style food. Seller HIGHLY motivated and CONSIDERING ALL OFFERS. ASKING PRICE IS $325K OBO. SELLER FINANCING AVAILABLE! CALL NOW FOR MORE INFORMATION & PICTURES! 818.264.8855
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$573,202
Cash Flow:
$136,460
Cash Flow Type: Sellers Discretionary Cash
Inventory: $75,000
Seller Financing: Yes
About The Business
Year Established: 2002
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: 2 weeks.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700114677
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