Businesses for Sale

Tranditional Chinese Cuisine Restaurant

 

Restaurants - Ethnic Restaurant

Contact Information

Richard Smetana
CBI, CBB
Sunbelt Business Brokers of Coachella Valley

phone: (760) 568-1511
CONTACT US TODAY


Status Active  
Listing ID N304-RS
Listed Price $125,000
Down Payment $125,000
SDE $680,000
Total Sales $680,000

Asset Info
Inventory† $7,000

Included in price
Not included in price


Reason For Sale

Other Business Interests


Operations

Year Established 1990
Form of Ownership Corporation
Absentee Owner N
Franchise N
Days & Hours Monday-Sunday, varies by day
Years Owned 19
Business Age 22

Location

Palm Desert
Type of Location
Lease Expires
Security on Lease
Location Comments

Executive Summary

Business Description

Chinese Cuisine Restaurant for sale is in its 20th year at the same location in Palm Desert, California, which is in Riverside County, Coachella Valley and Palm Springs area. Full bar with good beer & wine list: price includes ABC 47 liquor license.This restaurant for sale offers a five page menu and five styles of savory traditional Chinese cuisine. Located on the main and famous street with constant stream of traffic. This is a neighborhood restaurant and approximately 70% are repeat customers, restaurant is known for good food & service.Family owned & operated, husband is chef and wife runs front. The interior seats 60, most at comfortable & conventional tables and chairs. The other area is lined with booths, well padded and cheerful. This room sits next to a narrow outside strip of shrub plantings and ample window views. A small private room seats approximately 8-10. Current lease expires October 31, 2011 but obtaining acceptable lease for buyer will be a condition of sale. Ample parking.This restaurant has provided a nice living for the family for over 20 years. Check out this business opportunity for sale.