Yu's Chinese in Business Over 21 years

Mankato, MN (Blue Earth County)

Yu's Chinese in Business Over 21 years
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Asking Price: Get Financing: $110,000

Cash Flow: $31,659

Gross Revenue: $302,050

EBITDA: $19,059


Inventory: N/A

Lease Rate: $19.45 /SF/Year

Established: 1997

Yu's Chinese in Business Over 21 years

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Business Description

Contemporary style Chinese restaurant remodeled in 2013 features large seating area, buffet counter, owner office, 2 restrooms, dish washing and storage area, walk in cooler and freezer and spacious kitchen with fryers and stir fry woks. Long established business in the community for over 21 years with high level of word of mouth and repeat business. Consistently awarded best Chinese restaurant in Mankato. Current lease runs through March 2020 with 5 year options to extend.

Located in a retail strip near Minnesota State University, Mankato. The University boasts more thank 15,000 students and 2,000 faculty and staff members. The hilltop is buzzing with retailers like Walgreens, Kwik Trip, University Square and a campus bookstore. Mankato, MN is just 85 miles south of the Twin Cities.

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
Reason for Selling:
Moving out of town
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Business Location

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April Femrite

Business Listed By:
April Femrite

Coldwell Banker Commercial Fisher Group

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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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