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For Sale: Chinese Restaurant - Long Established, Renovated - Scotts Valley, Santa Cruz Area


Current Status: Active     Posting #: 267510     Last Refreshed: 5/18/22    
Contact: Paul Burrowes - Agent At 831-295-5130 Cell , 831-295-5130 Text  -  Also Email This Contact Below
Asking Price:  Call / Email     Down Payment:  Call / Email     Annual SDC:  $180,000     Annual Gross:  $900,000    
Business Address:  219 Mt Hermon Rd A2     City:  Scotts Valley     Zip:  95066    
Attributes:  Broker-Broker Coop, Training & Support
A well-established newly renovated restaurant in an excellent location, just 25 miles from Silicon Valley and 6 miles to Santa Cruz beaches. The restaurant has been in business for over 35 years, since 1986, with good, generous and loyal customer base. It is situated in Graham Plaza, a shopping plaza with high visibility.

There is a nice outside courtyard for outdoor dining. Efficient kitchen area with lots of storage space.

Great opportunity for somebody who is eager to work and continue to build on a successful business. The restaurant has remained strong doing a very good take-out business during the pandemic, and partly due to the outdoor dining area.

Inventory:

- Tables
- Booths
- Chairs
- Counter
- Large screen displays
- Walk-in cooler
- Freezers
- Refrigerators
- Prep tables
- Wok range
- 6 Burner Stove *New
- Icemaker
- Dishwasher
- Sinks

Included in Sale:

* ABC License type 41
* Business name * Client List * Kitchen Equipment and Appliances. * Strong sales (lunch & dinner) * Strong 'To Go' Sales * Banquet tables, chairs, glasses, dishware, flatware, and more* Owner will train and consult

Asking Price: $199,000
Gross Revenue: $900K
Real Estate: Leased
Rent: $5139 per Month
Building SF: 1960 sf
Dining Area: 1065 sf
Capacity: 80 people
Lease Expiration: January 2024 +5 years extension
Employees: 7
Established: 1986
Reason for Selling: The business owner has retired; nephew is running business.

Potential buyer to sign Non-Disclosure Agreement (NDA) to receive financial package.

QUALITY OF LIFE - Scotts Valley
Scotts Valley covers 4.6 square miles
Elevation is 527 feet at Scotts Valley
Incorporated: 1966
Population 11,903
Number of Jobs: 4,966
Number of Employers: 706
Located 25 miles from Silicon Valley and 6 miles to Santa Cruz beaches.
Median household income is 63% higher than California.
High school graduation is 19% higher than California. Scotts Valley has Award Winning Public Schools
Median home value is 60% higher than California.
Average summer temperature is 61.
Scotts Valley, CA is 74% safer than other cities of California.
Top 14 city in California!

To get more information about this Chinese Restaurant - Long Established, Renovated business for sale in Scotts Valley, Santa Cruz Area please phone Paul Burrowes - Agent - BRE License #:01955563 at 831-295-5130 Cell and 831-295-5130 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #267510 on BizBen.com. In addition to phoning Paul Burrowes - Agent, make sure you email Paul Burrowes - Agent above to get more info about this Chinese Restaurant - Long Established, Renovated, to ask any questions or request an appointment to see this business for sale. Thank you.

Scotts Valley, Santa Cruz Area Chinese Restaurant - Long Established, Renovated Business For Sale Chinese Restaurant - Long Established, Renovated Company For Sale Scotts Valley, Santa Cruz Area Chinese Restaurant - Long Established, Renovated Companies For Sale Buy, Sell A Chinese Restaurant - Long Established, Renovated Business Selling A Scotts Valley, Santa Cruz Area Chinese Restaurant - Long Established, Renovated Chinese Restaurant - Long Established, Renovated Business Opportunity

Email Paul Burrowes - Agent Below About This Posting




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For Best Results & Response, Email & Phone This Contact: Paul Burrowes - Agent at 831-295-5130 Cell and 831-295-5130 Text.



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