Not Available
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Asking Price$39,000
Revenue | $400,000 |
Established | 2000 |
Cash Flow | $46,000 |
Employees | Undisclosed |
FF&E | Undisclosed |
Franchise | No |
Inventory | Undisclosed |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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RRC#: 3940 Asking Price: $39,000 Location: 243 West 2nd St #4, Chico, CA Annual Revenue: $400,000 Annual Cash Flow: $46,000 Monthly Rent: $3,400 Listing Description: This is an excellent opportunity for a buyer to take over the premises, acquire the equipment, ABC beer & wine license, and assume the beautiful lease and rent terms. The restaurant has a large dining room with 80 plus chairs and 20 plus tables. The place also has two banquet rooms and a bar area used for a local dance club. The maximum seating capacity is 135 owner says it's approximately 4000 square feet of restaurant space. Full kitchen includes 15-foot type 1 hood with Ansul fire suppression system, walk-in, ice machine, several freezers, three-door prep refrigerator lots of stainless steel worktables. Peking Chinese Restaurant offers delicious dining, takeout, and delivery to Chico, CA. Great for tourists and locals alike.
A recent review reads, “Love it!!! The food is always great. Whenever I get sick, I ordered the wonton soup. It always makes me feel so much better.” Great prime downtown Chico location next to Chico State University. Perfect timing to take over this profitable restaurant. Included in this deal are the lease, equipment, licenses, name, menu, concept, and goodwill are all included as part of the sale. This is a straightforward, fun, and profitable business located in a very high-traffic area with a relatively small investment. This location provides flexibility for various operations and is ideal for chef-owners looking to specialize in thier own concept. This unique restaurant, in a prime location, with very desirable rent and lease terms, will be lovely to buyers seeking reasonable terms for premises that are ready to go.
Please complete the 'Non-Disclosure Agreement' on our website, and we'll send you the Lease, complete financial information & a list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail and arrange a behind-the-scenes tour of the property. No Co-Broker
General Information: Year Established:2000 Current Owner: 2018 Employees: Contact for Info Reason For Sale:Other Interests
Financial Information: Monthly Revenue: $33,333 Monthly Cash Flow: $3,833 Annual Revenue: $400,000 Annual Cash Flow: $46,000
Facilities: | Square Feet:4,000 plus
Seating: seats 135 max capacity
Parking:public
Days/Hours of Operation: 7 days |
Sale Reason: | Other Interests |
Ad #127363
Seller Reference #3940
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