Red Orchids Restaurant!

Stockton, CA (San Joaquin County)

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Asking Price: $150,000

Cash Flow: $17,801

Gross Revenue: $199,798

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,500 /Month

Established: 1993

Red Orchids Restaurant!

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Business Description

Property Description:

Very popular downtown establishment, in operation for more than 25 years. Local and many out of town client love to eat here.
Red Orchids Restaurant offers both traditional and fusion food concepts from the Asian niche, daily offering freshly prepared food using only the highest quality ingredients.

Seats 160 in the main dining, and 30 in the banquet room.
Open Monday to Friday from 11:00 am to 2 pm.
Sale includes beer & wine license, dancing permit, and inventory. Brochure attached.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
10/6/2023
Employees:
5
Facilities:
Conference/Banquet room. Seats 160 in the main dining, and 30 in the banquet room. Equipment and Inventory included. Beer & Wine license, and permit for dancing included. (Home Based)
Competition:
Red Orchids is unique with their menu and does not currently have competition. There are several other restaurants within walking distance with various menus.
Growth & Expansion:
Red Orchids also has an extensive catering clientele. These services could expand. Downtown Stockton has several housing projects in the works, and in the near future will have an expanded number of residents.
Financing:
Option to renew for 10 years, option to sublease.
Support & Training:
Seller will negotiate for a period of advisory and training time after the sale.
Reason for Selling:
Moving on to other interests.
Home-Based:
This business is Home-Based
Business Website:
http://www.facebook.com/redorchidsrestaurant
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Business Listed By:
Michael Oldham CCIM, GRI

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