Chinese American restaurant, all you can eat located in a major commercial mall in Northern New Jersey with a gross income of $1,181,720. The business has relationships with numerous tour companies in the New York, New Jersey area which represents approximately 50% of gross sales. These tour operators are all over the east coast that bring in Chinese groups to Manhattan. The operator maintains relationships with the Chinese group industry because it is very different from regular retail and restaurant business. This restaurant has about 3,000 + tour guide contacts, and 50+ tour operators in China and USA that provides referral business to the operator. The operator must maintain a relationship to continue to build up strong relationships with these tour guides and tour operators, more and more groups would be coming.

The location that the restaurant is in continues to be very prime for tour groups, they usually have a one-day tour in the city and then stops by this restaurant for dinner before heading back to their hotels. Tours usually end at about 5 pm, arriving at this restaurant in New Jersey about 6:00 pm, then one-hour dining, 30-min shopping before heading back to the hotel. The Chinese American Restaurant offers authentic and delicious tasting Chinese cuisine conveniently located and affordable prices make our restaurant a natural choice for dine-in, take-out meals. The restaurant is known for its variety in taste and high quality fresh ingredients. For Qualifications purposes, this industry does not require government licensing approval to purchase or operate. This company has five full / part time employees who are unaware of the pending sale, fully expected to remain post-closing, and the monthly payroll expense is approximately $27,000. The business has an assignable commercial lease which expires 2026-01-01, plus additional options, with a monthly rent of $15,600, cost per square foot is estimated at $26.74, and rent security of approximately $15,600