Turnkey, attractive and stylish restaurant located in a desirable, high-end area and busy marketplace with loyal customer base. This well-established restaurant opened in 1991 and was tastefully remodeled in 2015. Features nice flooring, high ceilings, large windows and fresh décor. Serving upscale Chinese food and beer and wine daily for lunch and dinner. Dine in customers enjoy the covered patio year-round in this beautiful area. Well known for takeout and delivery among locals and some celebrity clientele. Perfect for grab and go, takeout and delivery concepts as well catering orders and dine in service. Well equipped kitchen with 30 ft hood, 8ft salad prep station, walk in cooler, walk in freezer, salamander, 6 burner stove top with oven, 24" grill, double fryer, 10 ft wok cooking station, 2 rice cookers, 2 door under counter fridge, 3 steam boilers, 6ft steam table, microwave, slicer, ice maker and ample storage. Front of the house includes: refrigerated beverage case, Revel POS system with 2 terminals, service counter, 1 TV, 11 tables, 30 chairs, 2 standing heaters, 2 ceiling heaters, covered patio area. ABSENTEE OWNER, NO ITALIAN, DELI, JAPANESE OR MEDITERRANIAN FOOD. ABC TYPE 41 BEER & WINE.

General Info

  • OrganizationContact For Info
  • Established1991
  • Current Owner2015
  • Employees13 full & part time
  • Reason For SaleOther Interests

Facilities

  • Seating22 patio, 8 inside
  • Square Feet1200 approx.
  • ParkingLarge Onsite Parking Lot
  • LicensesHealty Dept. ABC, City Business License
  • Open HoursMon-Fri 11:30 am-9pm, Sat-Sun 4:30pm-9pm

Lease

  • Rent$5700 + $1500 cams
  • Expiration2025
  • Yearly Increase3%
  • Option1-five year
  • Deposityes

Financials

  • Monthly Revenue$59,980
  • Monthly Cash FlowContact For Info
  • Annual Revenue$720,000
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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