TURNKEY PROFITABLE AND OWNER ABSENTEE CHINESE RESTAURANT ACQUISTION OPPORTUNITY!!!

Listing Number: 12451-50679

Description

This Chinese restaurant has been at the same location for over 30 years. Current owner has been running this business for 4 years. It is a very profitable operation and is truly an owner absentee business model. It is a full service Chinese restaurant and it’s best known for its modern interpretation of classic oriental dishes and its insistence on only using high quality fresh ingredients. It offers exceptional quality and tasty Chinese cuisine in which drives business evenly through dine-in, pick-up and delivery. It becomes an iconic restaurant in the area with even very little marketing and advertising. It is an exceptional acquisition opportunity.


• 3,500 sf overall facility
• Dining area is designed for maximum occupancy with proper amount of space in between table sets
• Kitchen and all other equipment are in great shape
• Beautiful location in the heart of Fredericksburg and Spotsylvania
• Extremely high traffic road
• Current rent is very reasonable and is transferrable
• Parking space is very adequate
• Interior decoration is very modern Chinese design
Current signage can be reused

Listing Details

  • Price: $295,000
  • Down Payment: $147,500
  • Sellers Discretionary Earnings: $202,068
  • Total Sales: $647,062
  • Location: Fredericksburg, Virginia

  • Inventory: $4,000
  • FF&E: $50,000
  • Employees: 10
  • Reason for Selling: OTHER BUSINESS INTEREST
  • Category: Restaurants