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Accommodation & Food Services

Chinese Restaurant- Well Established Ad#F497P

Los Angeles, CA, USA
Updated 6 hours ago

MONTHLY GROSS: $38,000 MONTHLY RENT: $3,600 LEASE TERMS: 2 ½ + NEGOTIABLE WITH LL CONDITION: $100 INCREASE ANNUALLY. SIZE: 1,700 SQ. FT. SEATING CAPACITY: 24 OPEN HOURS: MON-SUN 10:30 AM-8PM. EMPLOYEES: 4 F.T 1 P.T. WAGE: $11,000/MO. NOTE: PARTNERSHIP BREAKUP. BOTH OWNER WORK FULL TIME. BUSINESS IN SAME LOCATION FOR 12+ YEARS. WELL ESTABLISH BUSINESS AND CLIENTELE. HAS PICK UP AND DELIVERY SERVICE. LOCATED IN A BUSY STRIP MALL.LOTS OF FOOT TRAFFIC. FRIENDLY LANDLORD.HAS WALK IN COOLER AND FREEZER. BOTH OWNER WORKS FULL TIME AND TAKE $2,500/MO. EACH SALARY. USE GRUBHUB, EAT24 AND POSTMATE ETC. NET INCOME: $9,000/MO. ASKING PRICE: $149,000+INV.

Note

PARTNERSHIP BREAKUP. BOTH OWNER WORK FULL TIME.

Size

1,700 SQ. FT.

Wage

$11,000/MO.

Employees

4 F.T 1 P.T.

Net Income

$9,000/MO.

Open Hours

MON-SUN 10:30 AM-8PM.

Lease Terms

2 ½ + NEGOTIABLE WITH LL

Monthly Rent

$3,600

Monthly Gross

$38,000

Property Status

For Sale

Seating Capacity

24

Financials

Asking Price
$149K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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