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#Business ID: 18668

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Chinese Restaurant

Business Location: Alexandria, Virginia, United States

Asking Price: $ 420,000 Revenue: not disclosed Cash Flow: $ 15,000

Business Summary

Trade Name: Hong Kong Bistro (VA-865) AH Changed
Legal Name: Hong Kong Bistro LLC
Entity Type: Sole-P
Showing: By Appointment * Special –confidential

* General information

License: Beer & wine
Liens: Dishwasher and soda Cooler
Orig. Cost: 350000
Imprv. Cost: 45000
Directions: Off exit 5 of 395

* Restaurant Specific information

Seating: Dining 40 Party Room Bar/ Lounge
Breakdown%: Dine-in 40 Carryout 40 Delivery 20
Cost%: Food 28% Others

* Terms Of Sale

Cash Down: 50%

* Lease data

Rent/ Month: $7770/ Month $9,200inc. CAM/tax/trash
Rentable Sf: 1900
Deposit: 15540
Parking: Shopping Center

* Income & Expense

Gross sales: $80-$85000
Expense: $60000
Cash Flow: $15000/ Month

* Notes

- Located in busy shopping center anchored by Gaint and Rite Aid.
- Seller financing possible.
- Very busy restaurant - profit maker.

Property Details

Years Established:

In Operation: For Over 20 Years Owned: Since June 2012

Property Type:

Lease

Other Business Details

Business Location:

Address: 3616 King Street City, St, Zip: Alexandria, VA

Business Operation Details

Employees:

5 Kitchen, 5 Full time outside +1 Part time.

Trading Hours:

Monday to friday from: 11am to 10pm Saturday & Sunday from: 11am to 10:30pm

Miscellaneous Details

Reason For Selling:

Other Business Interested

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