$290,000.00
Asking Price
Address: Woodland Hills, 91364.
Status: Active
Posting ID: 285306
4/20/24
Description
Established in 1995, this well-known Chinese restaurant situated on Ventura Blvd in Woodland Hills offers a fantastic opportunity for a full-time owner-operator or owner-chef operator. With a prime location and ample parking in the rear, the restaurant boasts great potential for expansion by extending business hours on weekends and weekdays.
Currently operating six days a week from 11:30 am to 9:00 pm, with weekend hours from 4:00 pm to 9:00 pm and closed on Mondays, the restaurant accommodates approximately 120 patrons in its 3,000 sq. ft. space. Licensed for beer and wine service (License type 41 - on-sale), the business is represented by the seller as per the listing agreement.
Staffing consists of two full-time employees and three part-time employees, while the owner maintains a semi-absentee role, working only on Saturdays and Sundays. The lease, approximately 4 years with one five-year option, offers stability and room for growth.
Approx, Represented by Seller as per Listing Agreement
Figures below based on Monthly Average
Allocation of Sales
Total Expenses $30,421.63
Average Monthly Net Income "including Owner' Salary" $10542.37
Please, under any circumstances, do not Disturb discuss the sale of the business with any employer/seller, employee or business neighbor, For more information please contact Remy Chen @ 213-798-9987 or E-mail to: 7989987@gmail.com
Broker/Agent does not guarantee the accuracy of the income, expenses or other information concerning the business provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals.
To get more information about this Chinese Restaurant - On Ventura Boulevard business for sale in Woodland Hills please phone Remy Chen (Agent - BRE License #:01297948) at 213-798-9987 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285306 on BizBen.com. In addition to phoning Remy Chen, make sure you email Remy Chen above to get more info about this Chinese Restaurant - On Ventura Boulevard, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01297948. Ivy Realty.
Contact
Phone: 213-798-9987 Phone: -- Details
Asking Price: $290,000.00
Down: $290,000.00
Cash Flow: $126,000.00
Revenue: $672,000.00
Area: Woodland Hills
City: Woodland Hills
Attributes:
My Notes About This Listing
Cash flow
$1,000
Revenue
Call/Email
Down
Call/Email
Posting: 286097 | Available | 4/23/24
Limited opportunity to launch an eco-friendly industrial coating business and take advantage of a dynamic growing industry. Sellers have acquired new equipment, obtained tentative permit approval and upgraded electrical system of leased facility. Sellers have not launched operations - yet.
Asking Price
Call/email
Cash flow
$360,663
Revenue
$450,798
Down
$105,000
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Cash flow
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Revenue
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Down
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Cash flow
$40,450
Revenue
$506,249
Down
$150,000
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
Call/Email
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Total Investment
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Min Liquid Cash
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Net Worth
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Cash flow
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Revenue
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Down
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Total Investment
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Min Liquid Cash
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Net Worth
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Franchise Fee
$0
Cash flow
Call/Email
Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
$300,000
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Cash flow
N/A
Revenue
N/A
Down
Call/Email
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Cash flow
$50,000
Revenue
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Down
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
Call / Email
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Cash flow
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Down
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Revenue
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Down
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Revenue
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Down
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Revenue
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Down
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