North Shore~ Popular, Upscale Chinese Restaurant - Business for Sale
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Chinese Restaurant with Real Estate in Peabody, MA
Peabody, MA, US
Added 6 days 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
$4.5M
Revenue
$2.6M
Earnings
$500K
Multiple
9.0x
Key Highlights
- Business has been established for 34 years.
- Sales volume is $50,000 per week.
- Restaurant occupies 5,000 sq ft with a clean dry basement for prep and storage, including six walk-ins.
- Seating capacity is 255 inside, with parking for 75 cars.
- Full liquor license and a separate lounge area with TVs are included.
- Hours of operation are 11am–9pm, Tuesday through Sunday.
Contact Info
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