Well Established Chinese Restaurant 28 Years In Business For Sale

Business description

*Motivated seller* Currently being operated as a family owned Chinese Cuisine Restaurant. Great opportunity for a new cook looking to start up a business. All fixtures to convey with property including, booths and tables, chairs, fish tank, beverage coolers, walk-in freezer, additional freezers, fry cooker, 4 woks, 2 commercial ovens, barbeque rack, commercial dishwasher leased, ice machine, gas grill, flame broiler, dining and cooking utensils, refridgerators, microwaves, cash register, and television (Food inventory can be negotiated separately). The grill hood allows room for plenty of cooking space as it is approximately 20 ft. long. Dining area can seat up to 50 people. Additional area can be used for a bar area, buffet area, or additional dining space for 30 more people. It includes a large parking area and there is also office space behind kitchen. I am the son to the owners and I am trying to help them in their retirement. Please contact me for any questions.

This restaurant is located in the town of Walterboro South Carolina. The County of Colleton and is 30 minutes away from the beach and 45 minutes from Charleston South Carolina. Walterboro is right off of Interstate 95 at exits 53 and 57 which runs from New York to Miami Florida. The restaurant resides next to historical Walterboro downtown area across the street from Pizza Hut and 2 miles from Walmart Supercenter. The address is 350 N. Jefferies Blvd and the zip is 29488. Please contact the owners son Kevin Pak below. He will be more than happy to answer any questions you may have.

Property information

Real Estate:

Real Property Included

Location:

This restaurant is located in the town of Walterboro South Carolina. The address is 350 N. Jefferies Blvd and the zip is 29488.

Premises details:

The restaurant is located in the County of Colleton and is 30 minutes away from the beach, 45 minutes from Charleston South Carolina, and an hour outside of Savannah Georgia. Walterboro is right off of Interstate 95 at exits 53 and 57 which runs from New York to Miami Florida. The restaurant resides next to historical Walterboro downtown area across the street from Pizza Hut and 2 miles from Walmart Supercenter.

Size in square feet:

5,000

Other information

Expansion potential:

This has a lot of potential for expansion. It has a lot of unused room and has potential to become a bar or club also.

Competition / Market:

There is a Japanese restaurant near, and there is also another Chinese restaurant about a half a mile down the road. They are more of a to go type restaurant and are smaller than this traditional food establishment.

Support & training:

Training is available to the buyer if requested. We will teach many Asian and Chinese recipes.

Reasons for selling:

Retirement

Trading hours:

Business hours are from 11am to 9pm Monday through Thursday and Friday and Saturday from 11am to 10pm.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

All offers are negotiable

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)

Website:

www.scvpix.com/tours/cdvt/cd.html