Chinese Restaurant (Riverside) $150,000-Escrow Closed

"Asset Sale"
​Price is firm
No P/L
​GROSS OPERATING INCOME:  $900,000
NET PROFIT:  $319,900
FULLTIME EMPLOYEES:  9
PART TIME EMPLOYEES  1
ACTUAL RENT:  $5,700
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.​

$150k bottom price
$2500 weekdays 
$3500 weekend
Monday close
private showing are on Monday morning by appointment only

​Do not talk to the owner and employees.
​No Co-op brokering.

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