MergerPlace

Established Chinese Restaurant

Simi Valley, California (Ventura)


  • Asking Price: $200,000
  • Gross Income: $521,414
  • Cash Flow: $139,176
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $50,000
  • Listing ID: #203178
  • Established: 1989
  • Employees: 3 FTE; 4 PTE

Business Description

Take part in the multimillion-dollar Chinese restaurant industry in the U.S. and make good money! Started in 1989, this decades-long business has established a name for itself within its community. Enjoy stable income from a steady customer base.

This cash-based business is easy to learn. No management experience is required, but the ideal buyer must have strong marketing and organizational skills to operate the business effectively.

The business establishment is in a spacious 2,200-square-foot leased property with ample parking. A long-term lease is also available. The seller is retiring and looking for a qualified individual to continue this business’s long-standing success. This is your chance to own a business that provides quality Asian dishes to locals while earning high and steady income!

Facilities:
Includes Refrigerators including a walk-in refrigerator, Ice maker, prep center, 3 freezers, Rice maker, Rice warmer, stoves, fryer, microwave, dishwasher center, etc. Everything! There is a new cash register system (Chinese and English).

This is an established business, this is NOT a new franchise or start-up opportunity.

***Please look for an email titled "Morgan & Westfield – Profitable, Established Chinese Restaurant” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: California
Metropolitan Area: Simi Valley
County: Ventura

Company Information

Year Established: 1989
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FTE; 4 PTE

Financial Information

Asking Price: $200,000
Gross Revenue: $521,414
Cash Flow: $139,176
FF&E: $50,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Support & Training:

Yes

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Arthur Williams

Morgan & Westfield