Big Chinese Restaurant For Sale in Northern Virginia

Fairfax, VA (Fairfax County)

Seller Financing Available
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Asking Price: Get Financing: $650,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $29,000 /Month

Established: 1998

Big Chinese Restaurant For Sale in Northern Virginia

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Business Description

Big Chinese Restaurant For Sale

Large, well known Chinese restaurant in Northern Virginia ideal for various function/party or wedding banquet. Popular in Asian communities. Can accommodate up to 600 for wedding and other functions. Potential $700,000-$800,000 tax credit remaining that new owner can take advantage. Priced to sell!!! Potential favorable financing with substantial down payment. 10,000 square feet. Multi-million dollars gross revenue. Dim Sum service daily and on weekends.

Detailed Information

Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
N/A
Employees:
20-45
Facilities:
10,000 square feet. 350-600 seats. Large kitchen with walk-in cooler and freezer. Plenty of parking. Shopping center.
Competition:
Not much competition because there are not many large Chinese places that can accommodate big party or wedding.
Financing:
Negotiable
Support & Training:
Will train. Most employees will stay if desires.
Reason for Selling:
Retiring
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(from currently available funds)
 
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Vinh Nguyen

Business Listed By:
Vinh Nguyen

Westgate Business Group, LLC

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