NORTH OF BOSTON~ Popular, Upscale CHINESE Restaurant - Business for Sale
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Chinese Restaurant with Real Estate in Peabody, MA
Peabody, MA, US
Added 1 month ago
Chinese Restaurant
34 years in business
Retiring Owner
Full-service Chinese restaurant with liquor license and real estate included, located in Peabody, MA on the North Shore.
Key Information
Asking
$1.0M
Revenue
$2.6M
Earnings
$500K
Multiple
2.0x
Key Highlights
- Business has been established for 34 years
- Restaurant occupies 5,000 sq ft with a clean, dry basement for prep and storage, including six walk-ins
- Seating capacity is 255 inside
- Full liquor license included
- On-site parking for 75 cars
- Open 6 days a week, 11am-9pm Tuesday through Sunday
- Real estate is included in the sale at fair market value, pending a new market appraisal
Contact Info
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