Available: Asian Cuisine Restaurant Bar - East Los Angeles
This amazing Asian Restaurant and Bar for sale features a modern type of Chinese Cuisine specializing in a Cantonese style that is the leading and representative dish of China. Good location near major freeway. 5,200 sq.ft. Lease is good through 2018 with a ten year option.
FINANCIAL INFORMATION
Asking Price:
$750,000
Down Payment:
Negotiable
Annual Revenue:
$1,200,000
Annual Adjusted Net:
Call
DETAILS
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- Training And Support
- Bkr Cooperation - Call
CONFIDENTIALITY AGREEMENT
Print NDA / Confidentiality Agreement
Print NDA / Confidentiality Agreement
This amazing Asian Restaurant and Bar features a modern type of Chinese Cuisine specializing in a Cantonese style that is the leading and representative dish of China. Every dish is prepared with fresh and quality ingredients combined with distinctive cooking techniques to bring out the flavors in all of the wonderful dishes. The restaurant was designed by accomplished professionals dedicated to the art of provincial Chinese Cuisine and is only 3 years old so everything is like new.
The restaurant is 5,200 sq ft and has a wonderful patio with fire pit. There is a full bar and 47 license is transferable to a new Buyer. The current owner who is a chef took over in March of 2011 and sales the last 3 months have averaged about 110,000 per month. The projected sales could easily be in the 1.2-1.3 million range based on recent performance. Another benefit is that the concept, menu, and name can be changed for a new Buyer without limitations. This is a MUST SEE for the decor and build-out is second to none and this is not your average Chinese Restaurant so do not expect fortune cookies, Chop Suey, or General Tso's Chicken here.
Facilities: Excellent location with close access to a major Freeway and located in East Los Angeles County. Great looking building that encompasses 5,200 sq. ft and the lease is good through 2018 with a 10 year option.
Terms;: The seller will offer terms to a qualified buyer. Submit your proposal
Growth and Expansion: The business has evolved into a showcase that has only scratched the surface. If you are an experienced Restaurant owner you will be able to determine the upside potential
Support/Training: The Seller will provide training
Reason Selling: The business is way too overwhelming for the current owner who is a chef by trade.
Year Established: 2008
Employees: 12 ft & 7 pt
There is 30,000 Inventory Not Included.
This Business For Sale Can Be Viewed On The Following BizBen Pages Below
(Click On Any Link Below To View The Latest Results).
The restaurant is 5,200 sq ft and has a wonderful patio with fire pit. There is a full bar and 47 license is transferable to a new Buyer. The current owner who is a chef took over in March of 2011 and sales the last 3 months have averaged about 110,000 per month. The projected sales could easily be in the 1.2-1.3 million range based on recent performance. Another benefit is that the concept, menu, and name can be changed for a new Buyer without limitations. This is a MUST SEE for the decor and build-out is second to none and this is not your average Chinese Restaurant so do not expect fortune cookies, Chop Suey, or General Tso's Chicken here.
Facilities: Excellent location with close access to a major Freeway and located in East Los Angeles County. Great looking building that encompasses 5,200 sq. ft and the lease is good through 2018 with a 10 year option.
Terms;: The seller will offer terms to a qualified buyer. Submit your proposal
Growth and Expansion: The business has evolved into a showcase that has only scratched the surface. If you are an experienced Restaurant owner you will be able to determine the upside potential
Support/Training: The Seller will provide training
Reason Selling: The business is way too overwhelming for the current owner who is a chef by trade.
Year Established: 2008
Employees: 12 ft & 7 pt
There is 30,000 Inventory Not Included.
This Business For Sale Can Be Viewed On The Following BizBen Pages Below
(Click On Any Link Below To View The Latest Results).
