Well Known Chinese Restaurant, Solid T/Os and Cheap Rent Means Good Cash Surplus 中餐館
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About this business for saleWell Known Chinese Restaurant, Solid T/Os and Cheap Rent Means Good Cash Surplus 中餐館
A busy Chinese restaurant is on the market for the first time ever. Very authentic Chinese style cuisine, on a busy location with a decent size commercial kitchen, the restaurant is becoming one of the favorite dining places to local Chinese and others.
- Cheap Rent, well under 10% of the turnover
- Solid turnovers, over $10K a week
- Simple operation, previous experiences would be helpful but not essential.
- Training provided, the vendor would provide necessary trainings to the new owners especially on daily operation, kitchen management and cooking skills
- High gross margins
- Great potentials on sales growth by extending trading hours.
- Strictly confidential listing. Sincere buyers only.
Any genuine Chinese speaking purchasers who has passions on both food and operating business shall contact me for further information.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.
*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.