Chinese Restaurant w/ Real Estate - $2m+ Revenue - PRICE REDUCED - Business for Sale

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Chinese Restaurant with Real Estate near Lowell, MA

Lowell, MA, US
Added 26 days ago
Chinese Restaurant with Real Estate
51 years in business

A Chinese restaurant with full liquor service, bar, lounge, dining room, and function room seating 220, located near Lowell, Massachusetts, is being sold together with its real estate.

Key Information

Asking

$795K

Revenue

$2.2M

Earnings

$639K

Multiple

1.2x

Key Highlights

  • Years established: 51
  • Restaurant has 220 seats, including bar, lounge, dining room, and function room
  • Lottery/Keno commission: approximately $52,000 per year
  • Combined business and real estate purchase pre-approved for SBA loan with $322,000 down payment

Contact Info

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