Chinese American Restaurant For Sale

Business description

This is a destination Chinese – American restaurant with over 25 years reputation for their quality food and service for lunch and dinner. In addition to their dining in and banquet facilities they offer take out service. Annual sales are approximately $871,000. There is approximately 4,500 sq ft freestanding building located in a business - shopping park in a rapidly growing and affluent area of Pierce County. Built in 1993 with building lease of $8,000 per month plus NNN; there is ample parking. Purchaser shall have “First Right of Refusal” during the first 5 years of the building lease. There is ample parking. Seating for 125 plus 60 in the lounge. Currently there are 6 FT & 10 PT staff. Real Estate available to a qualified buyer.

Property information

Real Estate:

Lease

Lease terms:

Real Estate available for $2,050,000 if interested otherwise first right of refusal option with good lease terms

Location:

located just off of secondary freeway

Other information

Expansion potential:

Option to open for breakfast

Competition / Market:

There are numerous other restaurants in the community though this restaurant is well established for over 25 years serving quality food and great service

Support & training:

Seller willing to train for a limited period of time from date of closing at no additional cost to buyer

Reasons for selling:

Retiring to pursue other personal interests

Trading hours:

Open 7 days a week

Financing available:

All cash or terms as are acceptable to seller

Furniture / Fixtures value:

$175,000

Inventory / Stock value:

$10,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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