Advert Ref: 5113-RL

Stunning And Profitable Chinese Restaurant For Sale

  • SANTA ROSA, California - North
Asking price:
$1,250,000
Sales revenue:
$1m - $5m
Net profit:
Undisclosed

Photograph of this business for sale

Elegant and professionally designed Chinese restaurant with a beautifully detailed dining room and an immaculate and well—equipped kitchen. In 2016, the restaurant underwent a full remodel with improvements totaling close to $1M and the premise was doubled in size. Restaurant shows strong annual sales and earnings that are trending up. Business is completely turn-key with room for growth as a new operator could expand the catering program and secure a full liquor license as the bar was designed to support serving spirits.


Additional details:
-Restaurant is 2,966 square feet (approx.) with inside seating for 102 (approx.) in the lounge, bar and dining room

-Monthly rent is $ 6,419 (approx.). + $3,128 NNN (approx.) and current term expires September 30, 2025 with One 10-year option.

-Equipment includes 23’-0” (approx.) Type-1 hood; 7’-6” X 8’-0” Walk-in refrigerator; 7’-6” X 5’-6” Walk-in freezer; Hobart slicer; 12’-0” Wok Range with 5 Stations, a fixed water pot and 3 water spigots; Two Double Basket Fryers; 6-burner stove with oven; 2’-0” Flat-top grill; Manitowoc ice machine; hand sinks; u-shaped ware washing area with drain boards, spray nozzle, dishwasher and wall shelves for racking; three compartment sink; 2-compartment prep sink with drain boards both sides; mop sink and more

-Established in 1989, the restaurant is open 7 days a week: Tuesday-Saturday 11:30 am-2:30 pm and 4:30 pm- 9:00 pm and Sunday 4:30 pm- 9:00 pm. Closed Monday.

- 2 Owners work in the restaurant full-time with 9 fulltime and 9 part-time employees

-Inventory of approximately $10,000 (approx.) is not included in the purchase price and is available for buyer to purchase at wholesale cost

-Type-41 Beer & Wine license included in the sale
Price Includes: Furniture, fixtures and equipment, leasehold interest, leasehold improvements, and goodwill. Some personal items may be excluded from the sale.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information.

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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