Restaurant Business For Sale
Location Oregon,United States
Asking Price Range < $250K
Gross Revenues $80000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2003
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Retirement.
Description The business for sale is located in an outstanding, busy area, and situated in an easy-to-access strip mall that comes with excellent parking. The business has performed very well in the nine years that it has been at this location and is now ready to sell, because the owners are looking forward to retirement. The property is 2,000 sq. ft., currently seating 50, but has the space potential for approximately 80 seats. There is a full-service kitchen with a 12-ft hood, deep fryer, woks, walk-in refrigerator, dishwasher and prep area. The establishment has a beer and wine license and currently serves Chinese cuisine, but the concept can be easily changed to become a different type of food venue. The asking price is $89,900 plus inventory. Rent is $2,300/month including water and sewer costs. A long-term lease is desirable.
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