Popular restaurant has a fully equipped kitchen and large, sunny dining room. The current owner has recently remodeled the restaurant so the next operator should have smooth transition with the health department. The restaurant is located in a very busy shopping center, with a major anchor tenant, that offers a lot of street visibility and onsite parking which works well for dine-in, take-out and delivery. Seller is currently operating with a Chinese concept; Buyer could convert to Thai or Mexican Cuisine and perhaps a few others. Center already has restaurants serving: burgers, BBQ, coffee, pizza and Vietnamese.
Additional details:
• The restaurant is 1,650 square feet (approx.) with occupancy of 55 (approx.)
• Rent is $5872.72 includes NNN with current term ending 2024 with one 5-year option
• Restaurant equipment includes 16’-0” (approx.) Type-1 exhaust hood; 2 Pitco double basket deep fryers; American Range 6 stove; 6’ X 9’ (approx.) walk-in refrigerator; Supera refrigerated prep station; Hoshizaki ice machine; 10’-0” wok stove with multiple water faucets; 3-compartment sink; prep sink; hand sink; mop sink and much more
• Restaurant has been operating as a Chinese restaurant for 30 years with the current operator since 2019. The restaurant is open 7 days a week: Thursday – Monday 11:00am–9:00pm; Tuesday and Wednesday 4:00pm–9:00pm.
• Owner works full-time and owner’s spouse works part-time with 4 full-time employees.
• Inventory is valued at $3,000 (approx.) and is not included in the purchase price.
• Premise is licensed with a Type-41 Beer & Wine license
Price includes: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, leasehold improvements, brand name recipes, menu and goodwill. Some personal items may be excluded from the sale.
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information
