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Businesses For Sale   >>   Florida Businesses For Sale Categories   >>   

Gourmet Chinese Restaurant

Location  Florida,United States
Asking Price Range  < $250K
Gross Revenues  $710000
Net Profit / Cash Flow  $130000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1992
Number of Employees  6 - 9
Inventory  50000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  two weeks
Reason for Sale  other business interests
Description  Gourmet Chinese restaurant with full liquor 4COP license. Seats 150 with 4500 sq ft and long term lease in place. Very reasonable rent of $5,000/m in off-season and $6500/m in season. Restaurant established for over 20 years and situated in very busy plaza on major intersection. Owner has operated it for 9 years, recently had health issues and has decided to take it easier in life. Restaurant offers shanghai, szechuan, cantonese, dim sum, and south asian cuisine. Currently open for lunch and dinner 7 days a week. Does some carry-out and delivery. Seller states annual gross sales of $710K and annual owner benefit of $130K. Leasehold/eqpmt of $100K, lounge/bar area, touch screen POS, sound system all included in asking price of $149K. Please contact Martin Berliant at 561-827-1181 or email for more information.
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