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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: motivoweb@gmail.com

Chinese Restaurant w/ liquor

Chinese Restaurant w/ liquor

Wayne County

Listing#: C2602

This restaurant is located in a nice area in Wayne County. The plaza has a large parking area. The restaurant serves Chinese food and drinks. It was renovated 2-3 years ago. The current owner runs the restaurant with 3 family members and 3 part-time employees. The food costs are around 25% of the sales with low rent so a new owner-operator can make a good profit running this business. They have delivery service through Doordash. The restaurant also has a class-C liquor license but the monthly sales do not include sales of drinks since there is no dine-in available. There is a huge potential for this restaurant when dine-in is available as they can sell drinks and they have a large dining area.

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Business Overview

Revenue $48,000 +/- Per Month
Cash Flow TBD
Inventory $2,000 +/-
Year Established 1977
Seller Financing Yes
Employees 3FT 3PT
Asking Price $200,000
Key Statistics
  • Hours of Operation: Mon, Wed-Fri: 11 AM-9 PM, Sat-Sun: 12 PM-9 PM

  • Employees: 3 Full Time 3 Part Time

  • Year Established: 1977

  • Year Acquired: 1977

  • Liscence Required: Sales Tax

  • Seats: 80

  • Parking: Ample

Financial Information
  • Gross Sales: $48,000 +/- Per Month

  • Source: Seller Stated

  • Cash Flow: TBD

  • Source: Seller Stated

  • Inventory Value: 2,000 +/-

Seller Financing
  • Business Price: $200,000

  • Down Payment: $120,000

  • Monthly Payment: $2,397.67

  • Interest Rate: 5%

  • Amortization Period: 36

  • Monthly Rent: $$1,750 + 29.16 Taxes

  • Lease Terms: Modified Gross

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