| Asking Price |
$149,000 | Inventory |
$3000** |
|---|---|---|---|
| Gross Income |
$250,000 | Real Estate |
|
| Cash Flow |
$120,000 | Year Established | 1989 |
| FF&E |
$100,000* | Employees | 4 |
* included in the asking price
** not included in the asking price
This restaurant is currently serving breakfast, lunch and dinner, The present owner is retiring. the store size is 2700 square feet with ample parking for 20 cars. the seating is 90. The owner said it will be a great spot for a chinese restaurant. Pleant of equipm,ent the hood system is aquate to have this type of restaurant. If you just want to keep it the same the gross sales is $250,000 foood cost is $60,000, rent $$32,400 electric is $10,000, gas is $7200 telephone 600, insurance is $1500, water is $600 and two waitress salary is $10,000. The father and son earns approxiamtely $120,000
Facilities: The equipments: tables and chairs for accommodating 90 persons, 6 burner Vulcan range and oven, gas char grill, 2 utilty tables, salad unit with under refrigeration, 2 toaster, 2 Pitco fryolaters , 4 tray food warmer, 4 tray steam table, 2 mircowaves, 2 Blogett pissa oven, icemaker, 2 bay stainless steel sink, grease trap, Hobart dishwasher, utiliy unit with 3 dorr refrigeration unit, 3 bay s.s. sink, 8x9 walk -in refrigeration unit, walk-in freezer, slicer,etc.
Growth/Expansion: This restaurant is currently operating as a breakfast/lunch and his expanded to do pizza and thursaday to sat evening for dinner.
Financing: None
Support/Training: Will train new Buyer
Reason Selling: owner is retiring

Ming Dong
7812975679/cell5089622589
Lee Brokers
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