$350,000.00
Asking Price
Address: Antioch,
Status: Active
Posting ID: 284745
4/19/24
Description
Description:
This Chinese restaurant is an old-fashioned eatery preparing hearty, family-style Chinese meals for dine-in or carryout. Over 33 plus years in town, a local favorite is located in a strip center anchored by major national tenants, and other local retailers. There is ample parking to accommodate customers & provides an opportunity for heavy foot traffic to this restaurant. This business is neighbored with plenty of businesses, and residential housing, & close to the freeway, which makes it a go-to place for its local residents, the business community, and commuters. Tons of untapped potential provides the future buyer with lots of growth opportunities.
Equipment: Type-1 Hood, Walk-in cooler, Freezer, 6 Burner Range with Oven, Three Wok positions, Fryer, Cash Register, Prep tables, and much more. A full list of equipment is available with the Listing Broker.
General Information:
Organization: Corporation | Square Footage:1,480 sq. ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit | Hours: Tue to Sun 11:00 am to 8:30 pm | Reason for Sale: Other Business Interests | Seating Capacity: 60 | ABC Lic. Type-41 not part of the Sale
Lease Information:
Rent: $4,000/month including NNN,
Lease Term: 5 years remaining on Sellers Lease. Long-term lease possible for an eligible buyer subject to landlord approval.
Revenue:
Sales: $80,000/month (as per seller, not verified by the Broker)
Financing:
All cash/SBA
All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
To get more information about this Chinese Restaurant - Old Fashioned, Family Style business for sale in Antioch please phone Harry Sidhu, CBB, CBI (Intermediary, ProBuySell Member, Broker - BRE License #:01433114) at 510-490-9705 and 510-490-9705 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284745 on BizBen.com. In addition to phoning Harry Sidhu, CBB, CBI, make sure you email Harry Sidhu, CBB, CBI above to get more info about this Chinese Restaurant - Old Fashioned, Family Style, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01433114. Mission Peak Brokers, Inc..
Contact
Details
Asking Price: $350,000.00
Down: Call/Email
Cash Flow: $133,000.00
Revenue: $918,000.00
Area: Antioch
City: Antioch
Attributes:
My Notes About This Listing
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Down
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Down
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Revenue
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Down
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