Price Reduced to $1.6M-Central,Or. Restaurant, w/Drive Thru, RE, Hwy97
Asking Price: | $1,600,000 |
Gross Revenue: | $958,927 |
EBITDA: | $402,599 |
Real Estate: | $1,600,000 |
Cash Flow: | $402,599 |
Inventory: | $7,500 |
FF&E: | $125,000 |
Established Year: | 2004 |
Located on Hwy 97 in Redmond, renowned Cindy's Chinese Garden is for sale. This well established and profitable business has been a mainstay in the community for nearly 20 years serving both Chinese and American cuisine.
The building was built and designed specifically for a restaurant and features a "Drive Thru Window", walk in cooler, walk in freezer, grill, hood and all necessary equipment to operate a successful restaurant.
The business lot has 87 parking spaces, providing ample parking and a "Drive Thru Window" for ease and convenience. The bar area is separate from the main dining area allowing for easy expansion of the bar for sports viewing or private events.
The business occupies a modern 4,476 sgft facility featuring two dining areas seating 81 patrons and a bar with additional seating. The building also features a second story for office and storage space.
The building is very versatile and can be converted into any type of restaurant and the location is highly visible with easy access.
The building design and structure will accommodate any type of Restaurant and can be transformed with minor interior remodeling.
The owners are retiring and will train new owners.