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Listing ID: 2674788

Chinese Restaurant For Sale

Schaumburg Area, Cook, Illinois, United States

$ 105,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 356,675

Cash Flow: $ 58,829

Business Description

This listing is for a successful and well-established Chinese restaurant in the Schaumburg area that is available to a qualified buyer. This restaurant features great Chinese standards and house specialties. This restaurant is known for its modern interpretation of classic dishes and its insistence on only using high quality fresh fish and ingredients. Over 20 years, this restaurant has built a great reputation in their marketplace with large base of loyal clientele. They have terrific online reviews across multiple platforms and sites. 80% of their business comes from sit down diners in their well-appointed, full-service dining room. The business also features a private dining area that’s great for special events, business meetings and more. The main dining room seats 100 guests and the private area seats 30. The remaining 20% of their business comes from take-out and delivery. Over $100,000 in assets is to be transferred with the sale of this business as well. The seller is retiring. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or by email.

Property Details

Size:

3,500 sq ft.

Years Established:

20

Property Type:

Lease

FF&E:

$ 115,000

Inventory Value:

$ 15,500

Other Details

Business Location:

Schaumburg Area. Cook County

Premise Details:

3,500 sq ft. Leased Facility, $8,800/month Expiring 1/2019

Expansion Potential:

Add advertising, Increase take-out and delivery business. Add sushi.

Operation Details

Employees:

6

Support & Training:

Owner will train the buyer for 2 weeks at no cost.

Miscellaneous

Reason For Selling:

Retirement

Contact this seller

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