Fast Food Chinese Restaurant
Location:
United States
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California
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Southern California - Los Angeles Area
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West La / Santa Monica / Malibu
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Excellent Santa Monica location! Right on the busy corner of Lincoln and Pico Boulevard. This fast food Chinese Restaurant that does big sales during lunch due to several busy retail and schools in the surrounding area. Because of its approximate to the residential area, new owner can increase sales dramatically by offering delivery service.
Owner has been operating this business for over 20 years and has moved it to this location from just across the street about a year ago with all new kitchen equipments, she presently works full time and is looking to relocate back to China. Two years left on current lease with one 5-year option. Please email or contact George Young at 310-539-8300 for more information on this Fast Food Chinese Restaurant for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$360,000
Cash Flow:
$120,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $65,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2006
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Reason For Selling: Relocation.
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: 70060032
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