Profitable Chinese Restaurant-27105

Essex County, MA

Profitable Chinese Restaurant-27105

Asking Price:$115,000

Cash Flow:$100,000

Gross Revenue:$300,000

EBITDA:N/A

FF&E:$35,000

Inventory:$2,500*

Established:N/A

*not included in asking price.

Profitable Chinese Restaurant-27105

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Business Description

Profitable Chinese Restaurant located in a very populated area. The owner is retiring after many years at this busy strip mall location. Situated around many great retail, grocery and restaurants. There is a very large retailer located near this business that brings in traffic. The restaurant is just as busy at lunch as at dinner. Large amount of walk-in traffic and TO-GO orders. The restaurant offers delivery on weekends. The restaurant offers a wide variety of Chinese cuisine, both staple dishes and special chef dishes. The restaurant is know for their classic Chow Mien dishes. Seats about 24 people. $300,000 gross volume $100,000 net income, Restaurant lease is $3,500/mo and assumable. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
115,000.00 Down
Support & Training:
The seller will train the new owner of the business.
Reason for Selling:
The owner is retiring after many years.

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Vested Business Brokers, Ltd

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