Elegant and Profitable Chinese Restaurant

Price: $1,250,000

Location: Santa Rosa, CA (Sonoma County)

Industry: Restaurants and Other Eating Places

Listing ID: 5113

DESCRIPTION

Elegant and professionally designed Chinese restaurant with a beautifully detailed dining room and an immaculate and well—equipped kitchen. In 2016, the restaurant underwent a full remodel with improvements totaling close to $1M and the premise was doubled in size. Restaurant shows strong annual sales and earnings that are trending up. Business is completely turn-key with room for growth as a new operator could expand the catering program and secure a full liquor license as the bar was designed to support serving spirits.

LISTING DETAILS
Total Sales: $2,400,000

Cash Flow: If applicable, financial information will be shared after an NDA is submitted.

OPERATION
Year Established: Established in 1989

Days & Hours of Operation: The restaurant is open 7 days a week: Tuesday-Saturday 11:30 am-2:30 pm and 4:30 pm- 9:00 pm and Sunday 4:30 pm- 9:00 pm. Closed Monday

Owner Hours Per Week: The restaurant is open 7 days a week: Tuesday-Saturday 11:30 am-2:30 pm and 4:30 pm- 9:00 pm and Sunday 4:30 pm- 9:00 pm. Closed Monday
Employees: 2 Owners work in the restaurant full-time with 9 fulltime and 9 part-time employees

LOCATION
Monthly Rent: $6,419
Square Footage: Restaurant is 2,966 square feet (approx.) with inside seating for 102 (approx.) in the lounge, bar and dining room

Facilities Information:

Monthly rent is $ 6,419 (approx.). + $3,128 NNN (approx.) and current term expires September 30, 2025 with One 10-year option.

Equipment includes 23’-0” (approx.) Type-1 hood; 7’-6” X 8’-0” Walk-in refrigerator; 7’-6” X 5’-6” Walk-in freezer; Hobart slicer; 12’-0” Wok Range with 5 Stations, a fixed water pot and 3 water spigots; Two Double Basket Fryers; 6-burner stove with oven; 2’-0” Flat-top grill; Manitowoc ice machine; hand sinks; u-shaped ware washing area with drain boards, spray nozzle, dishwasher and wall shelves for racking; three compartment sink; 2-compartment prep sink with drain boards both sides; mop sink and more

-Type-41 Beer & Wine license included in the sale
Price Includes: Furniture, fixtures and equipment, leasehold interest, leasehold improvements, and goodwill. Some personal items may be excluded from the sale.

For more information on this listing, please complete our Non-Disclosure Agreement

CONTACT DEAL OWNER

Ryn Longmaid

Phone: (707)-503-9335
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