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Chinese Restaurant for Sale

  • FINANCIAL INFORMATION
  • BUSINESS LOCATION

Asking Price:

Gross Revenue:

Cash Flow:

Down Payment:

$269000

$867626

$111108

299000

FF&E (included):

Inventory:

Financing:

10000

10000

Yes

Palm Beach County

  • BUSINESS DESCRIPTION

Gourmet Chinese and Dim Sum restaurant for sale. Same location for over 30 years with most clientele local seniors and seasonal snowbirds. New owner recently spent over $200K in beautiful remodeling and equipment. Sale due to family issues. Full 4COP liquor license. Restaurant is 4400 sq ft (rent $11,750/month) and seats 154. Long term lease in place. Sales averaging about $75K/month in 2021 with much room for improvement after virus fully dies down. About 10% of total sales is delivery, 30% of total sales is carry-out, and balance is dine-in. Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.

  • SUPPORT / TRAINING COMMENTS

two weeks

  • REASON FOR SALE

family reasons

Home Based:

Franchise:

Willing To Train:

Required Licenses:

No

No

Yes

4cop liquor

Year Established:

Year Aquired:

Relocatable:

1990

2019

No

Days Open:

Hours Open:

7

11am-9:30pm

Full Time Employees:

Part Time Employees:

10

0

My wife and I worked with Martin during the sale of our business. Martin remained calm, reasonable and a safe pair of hands throughout. Without his knowledge, rational opinions, candor and endless patience I am absolutely certain we would not have sold. We have zero hesitation in commending not only his services but also Martin personally, as a broker to anyone proposing to sell a business.
Tim HSeller of British Feed, Inc. in Loxahatchee, FL
We had the pleasure of working with Martin in selling our business. Initially very concerned about how to put our business for sale and still maintain our confidentiality, Martin planned and executed a marketing plan that maintained our confidentiality throughout the process. Once we found a buyer, Martin helped us negotiate the best deal possible and was instrumental to having a smooth closing. I would definitely recommend using him.
Barbara B.Seller of Flamingo Air and Heat, Inc. in Riviera Beach, FL
I've purchased 3 Palm Beach County businesses using Martin as my broker. I’ve found his advice to be knowledgeable and insightful. In each transaction, his level of professionalism and attention to detail was above and beyond other brokers. I would highly recommend his business brokerage services to anyone
Jay ZBuyer
I had the pleasure of working with Martin in selling my business. After using another broker from one of the bigger firms, I was seeking a broker who would dedicate himself to really understanding my unique type of business so it could be presented properly to buyers. Fortunately I found Martin. His analytical mind, relentless marketing efforts, and sound advice enabled me to sell my business at a much higher price than I ever thought possible.
Michael ESeller of Special Event Resource and Design Group, Inc. of West Palm Beach
My partner and I used Martin to sell our multi-state home healthcare/staffing company. We were very pleased with Martin's professionalism, ability to keep his marketing efforts confidential, and the way he qualified all buyers before presenting them to us. When conveying offers to us, Martin was able to explain its many aspects in a clear way we could understand. The end result was a highly successful sale. I highly recommend using his services.
Scott JSeller of Allied Rehab, Inc. based in Tequesta, FL
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