Business For Sale

Share Us! :)
 
 

Chinese Restaurant near Hearst Castle

California
Asking Price $210,000.00
Gross Income $550,000.00
Cash Flow $550,000.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • Restaurant

  • Chinese Restaurant
Overview
This is the only Chinese restaurant in this small central coast town. People come here for a nice dinner. They got very good reviews on Yelp. The monthly sales are around $47,000. The cost of goods is 25%. The rent is $5,800 a month. The payroll is $13,000. The current owner is a Chinese couple both working in the shop. They claim with their own salary and tips they can make $200,000 a year. They want sell because of the wives sickness, and they need to move back to Los Angeles. This business is fit for somebody who has some Chinese restaurant experience and would like to live in a beautiful small coastal town. The location is great, only 9 miles from Hearst Castle. If the new owner wants to do business with one of the tourist companies for lunch, it would increase the sales significantly. For more information, please contact Peng Guan at cell (626) 283 7732 with Listing ID 3528.
Business Details
Location and Facilities:

Support/Training: 4 weeks, 20 hours per week

Market Information and Position:

Reasons for Selling: Health Issues

Financing:

Contact Seller

First Name
 
Last Name
 
Email
Phone
 
Request or Comment for Seller
 
captcha
Enter Captcha