High income Chinese restaurant with competitive rent
Washington, DC
| Asking Price: | $380,000 |
| Gross Revenue: | $1,760,000 |
| FF&E: | $280,000 |
| Cash Flow: | $120,000 |
| Rent: | $12,300/Month |
| Established Year: | 2013 |
Listing ID: 2313317Listing provided by BizBuySell
BUSINESS DESCRIPTION
The restaurant has been there more than 10 years, stable business operation, great business income, large space, and low rent rate. Owner can supply the detailed training to make sure the buyer can handle it. The restaurant locates in a very busy area, more potential business opportunity if the new owner can pay more attention to the advertisement.
DETAILED INFORMATION
Location
Washington, DC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,500
Lease Expiration
31/03/2027
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully built out kitchen, large dining area with 120 seats plus a big party room with 60 seats, there are more than 50 parking spaces attached to the restaurant property which is really rare in DC area.
Reason for Selling
Retirement
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