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Fully-Equipped Chinese Restaurant Rockford, IL - Property Included!

Rockford, IL (Winnebago County)

Fully-Equipped Chinese Restaurant Rockford, IL - Property Included!
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Asking Price: $385,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1992

Fully-Equipped Chinese Restaurant Rockford, IL - Property Included!

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Business Description

Conveniently Located On Busy E State St/US 20, The Main Throughway/Major Highway

Known for their delicious authentic Chinese cuisine.

Full-service restaurant with a full bar. Currently set up for dine-in, carry-out and local delivery.

Beautifully appointed interior with an Asian flair. Cozy atmosphere.

Family owned and operated. Asset sale - no financials.

Keep the current concept or make it your own in this ideal location!

Prime retail space in a spectacular freestanding building with ample parking. Conveniently located on busy E State St/US 20, the main throughway/major highway running through this growing far northwest city. Surrounded by a flourishing commercial and residential area.

Perfectly situated in the largest city in IL outside of Chicago, conveniently located 65 miles northwest of O'Hare. The area is home to several Fortune 500 company facilities, 3 major medical facilities, as well as more than 15,000 other businesses. It's the best of big city and small-town living. Almost 30% of the US population lives within 500 miles of its borders!

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Listed By Tom Traina & Pat Mahoney at EatZ & Associates / Z Real Estate Group / American Realty Network Inc

Detailed Information

Location:
Rockford, IL
Real Estate:
Owned
Included in asking price
Building SF:
3,500
Facilities:
30,141 sqft = .69 acres. 2017 real estate taxes $16,689. Square Feet: 3,500. Seating: 150. Days/Hrs of Operation: Currently closed. Value of FF&E: Included in Asking Price .
Competition:
Ideally located. Successful restaurant location for over 26 years!
Growth & Expansion:
Real gem. A staple in the community. Local favorite Chinese restaurant. Had lots of regulars. “Go-To” for Chinese dine-in, takeout and delivery. Highly rated and recommended, great reputation to build upon.
Financing:
No
Reason for Selling:
Focus on other business.
Business Website:
http://imperialpalacerockford.com
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Business Location


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(from currently available funds)
 
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Tom Traina

Business Listed By:
Tom Traina

EatZ & Associates

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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