MergerPlace

Chinese Restaurant

Florida (Miami-Dade)


  • Asking Price: $95,000
  • Gross Income: $260,000
  • Cash Flow: $63,700
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $20,000
  • Listing ID: #207983
  • Established: 2010
  • Employees: 1 FT / 2 PT

Business Description

Chinese restaurant established 7 years ago and located near Miami-Dade College - Kendall Campus, one of the largest colleges in the nation in terms of enrollment. Recurrent and loyal clientele. The strip mall is conveniently located near the turnpike, it has high traffic and a national chain gym to open soon. The restaurant has pick up and delivery. The reason for sale is the main partner moving back to his country.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Miami-Dade

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 2 PT

Financial Information

Asking Price: $95,000
Gross Revenue: $260,000
Cash Flow: $63,700
FF&E: $20,000
Inventory: $500
Seller Financing Available: No

Property Information

Facilities:

1,215 sq ft. Strip mall with high traffic and great location. Total rent is $ 3,100. Rent expires November 2018 with a 5 year option to renew.

Growth & expansion opportunities:

More focus in advertising methods.

Competition:

As the business is located in a college area there is good demand for this type of restaurant.

Reason for selling:

One of the partners moving back to his country.

Support & Training:

Will train for 2 weeks @ no cost Restaurant management.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers