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Upscale Chinese Restaurant - Manager Run

Los Angeles, CA (Los Angeles County)

Upscale Chinese Restaurant - Manager Run
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Asking Price: $195,000

Cash Flow: $96,000

Gross Revenue: $1,080,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $9,750 /Month

Established: 1984

Upscale Chinese Restaurant - Manager Run

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Business Description

A cafe style upscale Chinese restaurant off a major street in West Los Angeles area since 1984. Absentee owner, manager run, and cooks will stay with business.The purchase price includes all inventory. Clean books and records. 2,000 SF and $9,750 total rent. Extra 500 mezzanine space for office and storage. Full kitchen with grill & hood, walk-in freezer and refrigerator, Wok and extra bathroom for employees. Type 41 beer and wine license.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
10/1/2024
Employees:
15
Facilities:
Full kitchen, walk-in freezer, walk-in cooler, grill, hood, wok
Support & Training:
1 week up to 40 hours
Reason for Selling:
To retire
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(from currently available funds)
 
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Douglas Kim

Business Listed By:
Douglas Kim

Douglas Kim

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