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Well Established Chinese Restaurant in Hobe Sound, Florida

Martin County, FL

Seller Financing Available
Well Established Chinese Restaurant in Hobe Sound, Florida
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Asking Price: $79,000

Cash Flow: $54,000

Gross Revenue: $210,000

EBITDA: N/A

FF&E: $50,000

Inventory: $2,500

Established: 1996

Well Established Chinese Restaurant in Hobe Sound, Florida

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Business Description

Since 1996 this very well established 2200sq ft Chinese restaurant has been the place for fresh Chinese food in Hobe sound and the surrounding communities. The owner of this family run business is looking to retire. They did a full remodel in 2015 which included upgrades to the dining room, bathrooms and kitchen. Very favorable lease terms at only $2400 a month. The perfect investment opportunity for someone looking to own their own restaurant, or restaurant expansion into Martin county. Additional revenue stream if you add delivery. Please refer to listing 6401283566, business broker Joshua Sagman when you inquired about this listing.

Detailed Information

Location:
Martin County, FL
Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 2400 Square Footage: 2200 Building Type: Strip Mall Terms & Options: (1) 5 year option Expiration Date: 4/12/2020
Competition:
Non Compete : Miles: 10 Years: 2
Financing:
Loan/Seller - Amt: 29,000 Mos: 24 Rate: 6.00 Mo Pmt: 1,285.30
Support & Training:
For 4 weeks at no cost
Reason for Selling:
Retirement
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Joshua Sagman

Business Listed By:
Joshua Sagman

Transworld Business Brokers, LLC

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Sponsoring Broker:
Andrew Cagnetta

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