Profitable Chinese Fast Restaurant at Great Location Priced to SellListing: #LA04776
About this Business for sale in South Bay Cities & Long BeachProfitable Chinese Fast Restaurant at Great Location Priced to Sell
This long established Chinese fast food restaurant, located in a busy shopping complex neighboring with grocery store, Starbucks and opposite to UCLA Medical Center, has been serving the community for 15 years.
About the space: total 1700 sqft with big kitchen taking about 1/3+ of the space, and the back alley common area is not included in the square footage but allows tenant to stock inventories. Currently it is sitting about 28 customers, very roomy and clean.
Basic Financials: estimated gross sales annually: $420K+, Owner's Discretionary Earning: $85K.
Priced for quick sale! contact broker Wen Chen-Karkhanis @ 310 918 8169 or Shawn Davis @ 949 614 6063.
(310) 539-8300 ext. 161
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.