Chinese Restaurant for Sale - Take-out and Delivery- Priced to Sell

Pompano Beach, FL (Broward County)

We Sell Restaurants - Florida Restaurant Brokers
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Asking Price: $30,000

Cash Flow: $0

Gross Revenue: $300,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 2004

Chinese Restaurant for Sale - Take-out and Delivery- Priced to Sell

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Business Description

Buy this remodeled Chinese Restaurant for Sale in Pompano Beach, Florida. if you are looking for a well-run, turnkey business opportunity in a densely populated area. Great area for pick-up and delivery! MOTIVATED SELLER, PRICED FOR IMMEDIATE SALE DUE TO RELOCATION OF OWNER.
The location of this Chinese restaurant for sale, offered by We Sell Restaurants, is excellent! Housed in a strip center with a popular pizzeria and other retail and service providers, the location is on the corner of two highly commercial streets that are surrounded by thousands of residential homes. This helps keep the business busy for lunch and dinner! The restaurant occupies 1,050 square feet which is almost entirely kitchen space. The customer area has a counter, POS system, and is nicely decorated! This is NOT your typical fast food Chinese restaurant for sale! The monthly rent at this location is an outstanding $2,300 that includes Water, CAMs, and Taxes! The lease expires on July 31, 2023 and comes with a five-year option to renew.
The Chinese restaurant for sale is open seven days per week. They offer lunch and dinner Monday through Saturday, and just dinner service on Sundays. Dinner time at this Chinese restaurant for sale is 60% of the business. 40% of the business is pick-up and 60% is from their delivery service. This Chinese restaurant for sale utilizes third-party ordering sites; such as, uber eats, grub hub, and more. This Chinese restaurant for sale has been noted for its modern approach to classic Chinese cuisine. The online reviews have been excellent, and they have been recognized for their kind service and food quality.
This Take-out and Delivery Chinese Restaurant for sale has been a staple in the community for fourteen years. Currently on target for $300,000 in gross sales for this year, a recent remodel is helping to drive even higher sales! This Chinese restaurant for sale is easy to run and currently has seven staff members, plus a relative of the owner. Three of the team members work in the kitchen, three are delivery drivers, and the relative and one other employee work the front of the house taking phone and walk-in orders. All recipes will transfer and all staff will remain, with the exception of the family member!
The kitchen equipment is all-natural gas which helps keep costs down, and includes four wok cookers, two deep fat fryers, an oven, and commercial refrigeration. The refrigeration includes a walk-in cooler, freezers, and refrigerators. All recipes will transfer, and the seller will train for 14 day at no cost to you!

Detailed Information

Real Estate:
Leased
Building SF:
1,050
Lease Expiration:
7/31/2023
Employees:
7
Facilities:
point of sale system credit card machine generator beverage cooler fax machine 4 prep tables 3 prep tables with shelves 2 fryers 4 wok cookers oven walk-in cooler 3 freezers 3 refrigerators 2 microwaves assorted pots pans utensils
Competition:
The strip center is located on the corner of two highly commercial streets The area is surrounded by residential communities
Growth & Expansion:
Recent remodel is driving sales Online reviews have been excellent and the booming economy in this area has been great
Support & Training:
14 Days
Reason for Selling:
Relocation
Business Website:
http://https://www.wesellrestaurants.com
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Contact the Seller

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Ken Eisenband

Business Listed By:
Ken Eisenband

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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