Back to businesses for sale
Accommodation & Food Services

Chinese Restaurant- Low Rent On Major Street Ad#F506P

Downey, CA, USA
Updated 4 hours ago

MONTHLY GROSS: $30,000 MONTHLY RENT: $2,366 LEASE TERMS: 2 + 5 SIZE: 700 SQ. FT. SEATING CAPACITY: 32 OPEN HOURS: MON-SAT 11AM-8:30PM. CLOSED ON SUNDAY. EMPLOYEES: 1 F.T. WAGE: $2,300/MO. NOTE: OWNER RUN BUSINESS AND READY TO RETIRED. HUSBAND AND WIFE TEAM WITH ONE EMPOLYEE. BUSINESS AT SAME LOCATION SINCE 1994. LOCATED ON THE MAJOR STREET AND VERY VISIBLE. VERY STABLE CLIENTELE.MANY REPEAT CUSTOMERS. CUSTOMER BASE ARE ALL MIX ETHNIC GROUP. CURRENTLY SERVE CANTONESE FOOD ON THE MENU. VERY FRIENDLY LANDLORD.NO GREASE TRAP. NET INCOME: $9,000/MO. ASKING PRICE: $129,000+INV.

Note

OWNER RUN BUSINESS AND READY TO RETIRED.

Size

700 SQ. FT.

Wage

$2,300/MO.

Employees

1 F.T.

Net Income

$9,000/MO.

Open Hours

MON-SAT 11AM-8:30PM.

Lease Terms

2 + 5

Monthly Rent

$2,366

Monthly Gross

$30,000

Property Status

For Sale

Seating Capacity

32

Financials

Asking Price
$129K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

Interested in this business?

Get in touch with the seller to ask questions and learn more.

Get Expert Help with your acquisition

Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.

Similar Listings

Profitable Franchise Juice & Coffee Café with Expansion Rights

Profitable Franchise Juice & Coffee Café with Expansion Rights

Broward County, FL, USA
Updated 4 hours ago
Verified about 4 hours ago
Asking Price
$375K
Earnings
$139K SDE
Fully Remodeled Fast Casual Restaurant Q1 2025

Fully Remodeled Fast Casual Restaurant Q1 2025

Palm Beach County, FL, USA
Updated 4 hours ago
Verified about 4 hours ago
Asking Price
$199K
Earnings
Undisclosed
Profitable Custom Cake & Dessert Business with Catering

Profitable Custom Cake & Dessert Business with Catering

Broward County, FL, USA
Updated 4 hours ago
Verified about 4 hours ago
Asking Price
$200K
Earnings
$50K SDE