Full-Service Restaurant
Chinatown

A rare and special opportunity is available to seize a historic full-service restaurant in the heart of Chinatown with world recognition and constant media attention. This restaurant remains a classic dining spot in the local community and an international tourist attraction. This unique establishment is currently family owned and operated and supported by an experienced group of local investors. Due to health reasons, the owner and chef are ready to wind down and pass on the legacy.

Listing Number:

23613

Category:

Food - Restaurant

Location:

Chinatown
$299,999

Financial Information:

Gross Revenue:

$716,178

Listed Price:

$381,895

Down Payment:

$76,379

Total Income:

$0

Year Established:

1908

Lease Information:

Square Feet:

2500

Total Rent:

$6,005

Lease Expiration:

$206,716

Lease Options:

TBD

Asset Information:

Leasehold Improvements:

$206,716

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

World-renowned brand name, iconic fixtures

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

15

Special Licence Required:

Restaurant includes all necessary licenses

Contract Staff:

0

Training Period:

Two Weeks

Reason for Selling:

Owner and chef will retire

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Makenna Covington
Office: | Cell: (628) 587-0273
License #: 02242999

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Full-Service Restaurant
Chinatown

Listing Number:

23613

Category:

Food - Restaurant

Location:

Chinatown

Listed Price:

$299,999
brokerPhoto
Makenna Covington
Office: | Cell: (628) 587-0273
License #: 02242999
A rare and special opportunity is available to seize a historic full-service restaurant in the heart of Chinatown with world recognition and constant media attention. This restaurant remains a classic dining spot in the local community and an international tourist attraction. This unique establishment is currently family owned and operated and supported by an experienced group of local investors. Due to health reasons, the owner and chef are ready to wind down and pass on the legacy.

Financial Information

Gross Revenue:

$716,178

Listed Price:

$299,999

Down Payment:

$76,379

Total Income:

$0

Year Established:

1908

Lease Information

Square Feet:

2500

Total Rent:

$6,005

Lease Expiration:

12/2024

Lease Options:

TBD

Asset Information

Leasehold Improvements:

$206,716

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

World-renowned brand name, iconic fixtures

Additional Information

Full-Time Employees:

2

Part-Time Employees:

15

Special License Required:

Restaurant includes all necessary licenses

Contract Staff:

0

Training Period:

Two Weeks

Reason for Selling:

Owner and chef will retire

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

Share by: