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#Business ID: 17006

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High Profit Chinese Restaurant

Business Location: Reno, Washoe, Nevada, United States

Asking Price: $ 790,000 Revenue: not disclosed Cash Flow: not disclosed

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Financials

FF&E: $300,000
Inventory: $5,000
Inv Included?: No
Gross Sales: $150,000/mo
Net Profit: $30,000 /mo
Annual Net Profit: $360,000

Property Info

Size: 0 Sq. Ft.
Rent: $6,049 /mo.
Expires: New Lease
Option(s): New Lease
Terms: Gross
Misc.Info:

HIGH PROFIT CHINESE RESTAURANT LONG TIME ESTABLISHED BUSINESS, SINCE 1989, VOTED BEST CHINESE RESTAURANT IN RENO. NICE FOOD, NICE MANAGEMENT.

Location:

The business is located in the Other Area. It is LOCATED IN RENO, NV Parking: PLENTY Days/Hours of Operation: 10:30AM-9:00PM

Organization:

The business is organized as a C - Corporation. It was established 15 years ago and the current owner has been in place for 15 yrs. It employs 16 full time employees and 4 part time employees. Licenses required for operation: Business.

Property Details

Years Established:

1989

Property Type:

Lease

FF&E:

$ 300,000

Inventory Value:

$ 5,000

Business Operation Details

Employees:

16 full time employees and 4 part time employees.

Trading Hours:

10:30AM-9:00PM

Miscellaneous Details

Reason For Selling:

Retiring

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