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#Business ID: 18406

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Asian Buffet Restaurant With High Profit

Business Location: San Fernando Valley, Los Angeles, California, United States

Asking Price: $ 850,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Financials
Gross Sales: $300,000/mo
Net Profit: $45,000 /mo
Annual Net Profit: $540,000

Property Info
Rent: $28,500 /mo.
Expires: 12/31/2017
Option(s): 5 Terms

ASIAN BUFFET RESTAURANT WITH HIGH PROFIT VERY HIGH QUALITY CHINESE AND ASIAN BUFFET RESTAURANT, ABSENTEE OWNERSHIP AND HIGH GROSS SALE AND PROFIT BUSINESS

Organization:
The business is organized as a C - Corporation. It was established 8 years ago and the current owner has been in place for 8 yrs. It employs 20 full time employees and 6 part time employees. Licenses required for operation: Business.

Property Details

Size:

8110 Sq. Ft.

Years Established:

8 years

Property Type:

Lease

FF&E:

$ 500,000

Inventory Value:

$ 25,000

Other Business Details

Business Location:

The business is located in the San Fernando Valley Area. It is IN TRIP SHIPPING CENTER ON VERY BUSY MAJOR STREET There is Seating for 300. Parking: 100

Business Operation Details

Trading Hours:

7days - 11:00AM-9:00PM

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