Chinese Restaurant (Riverside) $150,000
"Asset Sale"
No P/L
GROSS OPERATING INCOME: $900,000
NET PROFIT: $319,900
FULLTIME EMPLOYEES: 9
PART TIME EMPLOYEES 1
ACTUAL RENT: $5,450
YEARS CURRENT OWNER: 30
LEASABLE SQFT: 2,500
FAMOUS, POPULAR CHINESE RESTAURANT IN RIVERSIDE. SELLER WAS RUNNING THIS RESTAURANT SINCE YEAR 1989(APPROX. 30 YEARS). GOOD LOCATION. THERE ARE 99 CENTS STORE, DOMINO PIZZA HOUSE, SUSHI RESTAURANT, DONUT SHOP, LIQUOR STORE, EL POLLO LOCO ETC. LOCATED AT A BIG SHOPPING CENTER. HAS A LIQUOR LICENSE. THE REASON FOR SELLING IS TO RETIRE.
You must have Chinese restaurant experience, preferably a cook.
Do not talk to the owner and employees.
No Co-op brokering.
No P/L
GROSS OPERATING INCOME: $900,000
NET PROFIT: $319,900
FULLTIME EMPLOYEES: 9
PART TIME EMPLOYEES 1
ACTUAL RENT: $5,450
YEARS CURRENT OWNER: 30
LEASABLE SQFT: 2,500
FAMOUS, POPULAR CHINESE RESTAURANT IN RIVERSIDE. SELLER WAS RUNNING THIS RESTAURANT SINCE YEAR 1989(APPROX. 30 YEARS). GOOD LOCATION. THERE ARE 99 CENTS STORE, DOMINO PIZZA HOUSE, SUSHI RESTAURANT, DONUT SHOP, LIQUOR STORE, EL POLLO LOCO ETC. LOCATED AT A BIG SHOPPING CENTER. HAS A LIQUOR LICENSE. THE REASON FOR SELLING IS TO RETIRE.
You must have Chinese restaurant experience, preferably a cook.
Do not talk to the owner and employees.
No Co-op brokering.