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Existing Chinese restaurant for 30 over years now for sale.

New Rochelle, NY (Westchester County)
Existing Chinese restaurant for 30 over years now for sale.

Asking Price: $95,000

Cash Flow (SDE): $36,000

Gross Revenue: $390,000

EBITDA: Not Disclosed

Established: 1993

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Business Description
1400/SF Restaurant for sale with 12' Frontage. Presently a Chinese restaurant with 16 seat capacity which has been passed over for 32 years. Includes all FFE Yes, all equipment, fixtures, chairs, Walk-in Freezer, refrigerator, Woks, Rice cooker, Wok range and Burners, etc. etc., valued at $20K. Renovated in October of 2023 now it can last another 32 years.
Possibilities: Asian, Thai and Chinese style cuisine.
Neighborhood: Farms market, Gas Station, City Hall, Fitness gym, Dollar Tree, Church, KFC and much more. Transportation: Buses: 45 & 61, Major Highways: I95, Hutchinson Parkway.
For more information and to schedule a viewing call: RA Realty Associates LLC 718.549.7636

Ad#:2387043

Detailed Information
Location:
New Rochelle, NY
Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
$5,500
Included in asking price
Employees:
3
Competition:
New Rochelle boasts approximately 186 restaurants in various neighborhoods. Full-service restaurants constitute the largest category, with around 100 establishments. American and Italian cuisines are particularly popular, with around 60 and 40 restaurants respectively. The culinary offerings include Mexican, Chinese, Indian, Japanese, Caribbean, and Mediterranean options, among others, demonstrating a multicultural dining scene.
Growth & Expansion:
Specific Location: The success of a restaurant can be highly dependent on its location within New Rochelle. Factors like foot traffic, proximity to residential areas, and ease of access are crucial. Differentiation: Given the existing competition, a new Chinese restaurant would need to offer something unique to stand out, whether through specialized cuisine, a unique atmosphere, or exceptional customer service. Operating Costs: Beyond rent, businesses will need to carefully consider other operational costs, including labor, food supplies, and utilitie
Support & Training:
Available upon request
Reason for Selling:
Busy with other business ventures

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Business Listed By:
Realty Associates LLC / Adiel Perez
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Business Listed By:
Realty Associates LLC / Adiel Perez
Phone Number

Ad#:2387043

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