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Listed by:

Kawash Group

Former Chinese Restaurant In Arlington Heights For Sale

Arlington Heights, Illinois, US
Asking Price:
$60,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Former Chinese Restaurant - Asset Sale $60k & New Lease Available

Seize an extraordinary opportunity to acquire the entire turnkey build?out of a former Chinese restaurant—everything from sleek stainless?steel prep stations and gas?chamber woks to commercial dishwashers, POS terminals, tables, chairs and a fully appointed sushi bar. At an asking price of $60,000, this asset sale represents a massive value: replicating this kitchen and dining room would cost a savvy restaurateur $150,000–$200,000 in new equipment alone.

Lease Highlights

  • New Lease Available: Landlord ready to execute a fresh NNN lease at $8,000/month, inclusive of CAM, real estate taxes and water.
  • Prime Location: Situated in a bustling shopping center with drive?by and walk?in traffic from all sides—directly across from highly rated Hersey High School (IL), ensuring consistent foot traffic and community visibility.

What’s Included

Complete stainless?steel kitchen package (hoods, prep tables, sinks, shelving)

Gas?chamber woks and full cooking line

Commercial dishwasher and walk in cooler and freezer

Sushi bar and display cases

Dining room furnishings: tables, chairs, booths, lighting fixtures

Silverware, smallwares, cookware and more!

With turnkey equipment valued at well over twice the asking price, this $60K deal is an absolute steal for anyone looking to hit the ground running in the restaurant business. Inquire today to schedule a walkthrough and take possession of everything you need to launch or expand your next restaurant concept!

Property Information

Real Estate:

Lease

Leasehold Rent:

$96,000 per annum

Location:

Arlington Heights, IL

Premises Details:

This turnkey restaurant build-out includes a full stainless-steel kitchen (hoods, prep tables, sinks, and shelving), gas-chamber woks, commercial dishwashers and refrigeration, a custom sushi bar, plus all dining room tables, chairs, and fixtures. The equipment is in fair, ready-to-use condition but would benefit from a new owner’s TLC and minor touch-ups to shine.

Business Operation

Reasons for selling:

Family emergency

Years established:
8

Other Information

Support & training:

This is strictly an asset sale with the signing of a new lease at $8,000/month NNN. The owner has exited the industry due to a family emergency and, as such, no training or ongoing support will be provided.

Financing available:

All cash deal, no financing available.

Business closed / Asset sale:
Yes