This well-established Chinese restaurant and lounge represents a turnkey hospitality investment opportunity in Milwaukie. The business operates from a substantial 4,560 square foot facility with seating capacity for over 50 guests, featuring both dining areas and a spacious lounge with full bar service.
Key Revenue Streams:
The establishment generates multiple income sources through restaurant operations, beverage service, and video lottery gaming. Six lottery machines have consistently produced over $158,000 in net revenue annually over the past three years, providing significant supplemental income to food and beverage sales.
Operational Infrastructure:
The facility features a comprehensive commercial kitchen equipped with a 20-foot hood system and integrated fire suppression. Additional kitchen amenities include walk-in cooler and freezer units, indoor smoker, efficient dishwashing station, and dedicated dry storage areas. The establishment holds a full liquor license and provides entertainment amenities including two pool tables.
Facility Features:
- 4,560 square feet of operational space
- Seating capacity exceeding 50 guests
- Full-service bar and lounge area
- Commercial-grade kitchen with safety systems
- Walk-in refrigeration units
- Ample off-street parking in common area
Operating Schedule:
The business maintains seven-day operations from 11:00 AM to 2:00 AM, maximizing revenue potential across lunch, dinner, and late-night service periods.
Lease Terms:
The triple net lease structure includes water and sewer utilities, providing operational cost advantages particularly beneficial for restaurant and bar operations.
This established operation presents an ideal acquisition opportunity for buyers seeking immediate cash flow generation in the hospitality sector. Current ownership is pursuing retirement, facilitating a smooth transition for qualified purchasers.
Ad#:2467714
