Established Chinese Restaurant on Cape Cod

West Dennis, MA (Barnstable County)

Established Chinese Restaurant on Cape Cod
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Asking Price: $850,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1980

Established Chinese Restaurant on Cape Cod

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Business Description

Established in June 26, 1980, as recorded in the Barnstable County Registry of Deeds, in the name of Royal Palace Realty Trust This successful business has operated for almost four (4) decades. The Owner/Manager Kam Peck, has decided to retire and is offering both real estate and business for immediate sale.
Located on busy Route 28, Main Street in West Dennis, the main level has 5,667 SF of GBA, housing  a full service restaurant and large lounge. Exquisite Chinese cuisine is prepared to order and is available in over 100 Chinese and Mandarin dishes. An experienced staff and ultra clean, full service kitchen help insure customers enjoy their dining experience.
There is a busy call-in "take out" service for those who wish to dine at home.

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Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
According to the Town of Dennis records and a recent commercial appraisal the property at 369 Rte. 28 West Dennis, has been improved by a 7,475 SF  2-story wood frame restaurant building built in 1938 and added onto and updated in 2005. The main floor houses the restaurant, lounge, large kitchen  separate Men's and Ladies rest rooms. The main dining room has several booths, a separate party room for darts. The full service bar has a seating capacity of 17 on stools and another separate dart room. The large updated kitchen has a multi-burner gas cooking line protected by an Ansul System, 6 woks, 3 fryolators, dishwasher station, prep area, spare rib oven, Salamander grill, storage area, 2 coolers, a freezer, and a waitress station off the bar. All kitchen equipment was reported fully owned. Hi-efficiency boilers rated at 96%. The unfinished Basement is 1,680 SF, with concrete block walls, & concrete floor. It has a locked liquor storage closet with Wi-Fi connection, a crawl space with steel beam joists, & HW Gas mechanicals.   The second floor has 1,808 SF and houses a business office along with 2.5 bathrooms. Per Town of Dennis inspection report, this space is usable for 3 staff members. There is no kitchen or cooking area. The small 3rd floor area is suitable for storage only.
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Bill MacKenzie

Business Listed By:
Bill MacKenzie

Commercial Realty Advisors, Inc.

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Commercial Advisors

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