Very Profitable Chinese Restaurant - Business for Sale
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Chinese Restaurant in Riverside, CA
Riverside, CA, US
Added today
Chinese Restaurant
Chinese restaurant located in Riverside, CA with 5,000 sq ft, 116 seats, and 13 full-time employees, situated in a business shopping center near a university.
Key Information
Asking
$1.2M
Revenue
$2.4M
Earnings
$600K
Multiple
2.0x
Key Highlights
- Monthly gross sales: $200,000+
- Monthly rent: $10,000 (includes trash and water)
- Lease terms: 10 years
- Store size: 5,000 sqft
- Seating capacity: 116
- Employees: 13 full-time
- Monthly wage expense: $52,000
- Cost of food sold: 30%
- 90% of sales are credit card transactions
- Assets include 3 walk-in coolers and freezers
- Located in a business shopping center near a university, with nearby business, office, residential, and multi-unit properties
Contact Info
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