Profitable 10-Yr Turnkey Restaurant w/ Parking & 15-Yr Lease @ $1,980/ - Business for Sale

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Chinese Takeout Restaurant with Parking in North Philadelphia

Philadelphia, PA, US
Added today
Food & Beverage, Retail Stores
10 years in business

A 10-year established Chinese takeout restaurant with private parking is offered for sale in North Philadelphia, PA.

Key Information

Asking

$160K

Revenue

$437K

Earnings

$122K

Multiple

1.3x

Key Highlights

  • 10 years in operation
  • Located in North Philadelphia, PA (19140)
  • 15-year lease with current rent at $1,980/month (no increase for first 5 years; $2,040/month years 6-10)
  • Private off-street parking for customers
  • All furniture, fixtures, equipment, and inventory (estimated value $15,000-$20,000) included
  • Cash-only business; no delivery apps currently in use
  • 4.2-star Google rating
  • Owner will provide 1 week of hands-on training

Contact Info

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Profitable 10-Yr Turnkey Restaurant w/ Parking & 15-Yr Lease @ $1,980/ | Business for Sale | SMB Deal OS