This restaurant has been in business for over 34 years, with very loyal custom base and steady profit (Except during COVID) This is fully equipped restaurant with A1 hood, grease trap, Wok set line, fryer, walk-in cooler, walk-in freezer and much more. This restaurant is in very busy strip mall with major anchor tenants. This can be kept as is- or can be converted to another concept that does not compete with other tenants.
- Asking Price:
- $149,000 Furniture / Fixtures included
- Sales Revenue:
- $871,818
- Cash Flow:
- $131,403
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Rent with NNN - $11,492
Lease Expiration - 3/26
- Location:
-
In an active shopping center
- Premises Details:
-
$150k in tenant improvements plus $100k in equipment includes fully equipped restaurant with A1 hood, grease trap, Wok set line, fryer, walk-in cooler, walk-in freezer and much more
- Size in square feet:
- 2,500
Business Operation
- Reasons for selling:
-
Retiring
- Trading hours:
-
7 days - 11 am to 9:30 pm
- Employees:
- 6
- Years established:
- 1988
Other Information
- Support & training:
-
2 weeks @ 30 hours / week
- Furniture / Fixtures value:
- $100,000 - included in the asking price