Business Details

Chinese Food Restaurant Cafe

Location : Los Angeles

Type of Business : Chinese food and donuts

Asking Price: $110,000
Inventory: $0

Gross Sales: $259,200

Summary of Business

This Location was a donut shop for years. The previous business owners moved on, and the new owners remodeled the place and put some different equipment in for Chinese food concept.  Sales are approximately Chinese 60% Donuts 20% 20% smoothies. Grub Hub, Door dash, and post mates are used as delivery services. This location also has a pass-thru window, excellent for take out orders. It has good front street signage. Husband and wife operate the business themselves

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Other Details

Reason for Sale: Retiring

Income

Gross Yearly Sales: $259,200
Adjusted Yearly Net Profit: $25,000

Rent

Total Rent: $1,200
Length of Lease: 3 1/2 years
Options: 0
Sq. Ft: 1,000
Occupancy: 12

Employees

Number of Employees: 0
Full time: 0
Part time: 0
Hours of Operation: 5:00 - 8:00 pm

Expenses

Insurance: $600 per year
Gas: $900
Electric: $300
Phone: $95
Trash: $75

Additional Details

Year Established: 2021


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