Chinese Restaurant in Glendale

For Sale in Glendale, CA

Listing ID: 8003221 | Broker Listing ID:

Financial & Assets Details

Revenues: $800,000

Cash Flow: $120,000

FF&E: $150,000

Inventory: $3,000

Square Feet: 2400+/-

About the Business

Year Established: 2011

Employees: 4 FT/6 PT

Lease Amount: $4,800

Business Description

CHINESE RESTAURANT FOR SALE ON VERY BUSY STREET IN CITY OF GLENDALE, OWNER RETIRING. MOTIVATE SELLER,VERY GOOD LEASE TERM.

Location:

The business is located in the San Fernando Valley Area. It is ON VERY BUSY STREET, NEW HOTEL WILL BE OPENING, NEW APARTMENT WILL BE COMPLETED ON CROSS STREET There is seating for 50.

Parking:

UNDERGOUND

Days/hours of Operation:

6/11:00AM-10:00PM

Directions:

CALL LISTING BROKER ROY @626-487-7648

Organization:

The business is organized as a S-Corporation. It was established 6 years ago and the current owner has been in place for 4 yrs.

Employees:

The Business employees 4 full time employees and 6 part time. Monthly Payroll is $25,000.

Licenses required for operation:

B & W.

Growth & Expansion

MORE AD., MORE DELIVERY

Market Competition:

SOME OF RESTAURANTS

Location Details:

The business is located in the San Fernando Valley Area. It is ON VERY BUSY STREET, NEW HOTEL WILL BE OPENING, NEW APARTMENT WILL BE COMPLETED ON CROSS STREET There is seating for 50.