In the thirty years serving Tuolumne County residents and tourists, the China House grew from a single location to three locations in the county. Wendy and Larry Nieh decided to scale back to one restaurant, concentrating on the Twain Harte location. The China House served authentic Mandarin cuisine in a comfortable family setting. They use only the freshest ingredients and will try to accommodate any special request for your healthy diet including; gluten-free, vegetarian, low sodium, and MSG free meals. If you have any special requests just ask.
Twain Harte is a wonderful relaxing town but due to illness the owners no longer have the physical strength to operate their beloved restaurant. The sellers are the Landlords and are looking for an experienced tenant offering a new lease at $4,000 monthly for 3,000 sq ft. The financials below are from 2022
This new lease term is negotiable and to purchase a fully fitted restaurant including the full kitchen with a walk-in is a gem for just $95,000. As an added bonus there is an office and living accommodation on the second floor which is included for the new tenant and included in the monthly rent.
To receive more information and discuss this opportunity with the broker please complete the 'Non-Disclosure Agreement' on our website and we'll send you the historical financials. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
- Current Owner1988
- EmployeesContact for Info
- Reason For SaleRetirement
- Square Feet3,000
- LicensesHealth, Business permits & ABC Type 41 Beer and Wine License
- Open HoursCURRENTLY CLOSED
- ExpirationNew Lease Negotiable
- Yearly IncreaseNew Lease Negotiable
- OptionNew Lease Negotiable
- DepositNew Lease Negotiable
- Monthly Revenue$33,833
- Monthly Cash Flow$7,000
- Annual Revenue$403,000
- Annual Cash Flow$84,000
- Down PaymentContact For Info
- Note BalanceContact 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.