Million dollars in annual sales with more than 350k profit!

Established Chinese restaurant with beer and wine for more than 50 years! The restaurant was established in 1965, and the current owner has operated since 2004.

It is well-known in the neighborhood. Employees and the chef are well trained the new owner can take it over quickly.

The plaza is in the popular West Los Angeles area close to the post office, mall, health center, and business buildings.

It was innovated a couple of years ago with a modern look. Having plenty of parking spaces at the back of the plaza is rare in the area.

It is the only Chinese restaurant in the plaza, with very low competition for Chinese food around the area. It has a beer and wine license.

The owner is currently operating for 6 days a week and needs to sell for health issues. The new owner can easily increase the sales by opening 7 days and extend the hours as it used to.

Down Payment: $350,000

Total Sales: $1,050,000

Cash Flow: $360,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $50,000

FFE Included: No

Inventory: $5,000

Inventory Included: No

Year Established: 1965

Days & Hours of Operation: 6 Days (Tue - Sun / 11am to 8pm)

Owner Hours Per Week: 40

Non-Owner Payroll: N/A

Employees: 8

Absentee Owner: No

Lease Option: 10 + 1-5

Real Estate: N/A

Monthly Rent: $4,393

Type of Location: Plaza

Square Footage: 2196

Franchise: No

Reason For Sale:

Health Issue