The restaurant is consistently accoladed by customers in person for its food as the best Chinese restaurant in Burlington & South Burlington Vermont.
Country: | USA |
State or Province: | VT |
City: | South Burlingotn |
Location Zip or Postal Code: | 5403 |
Service Type: | Sit-Down Table Service, Counter Service/Fast Casual |
Title of Listing: | Best Chinese Restaurant Zen Gardens In Vermont For Sale! |
Year Established: | 2006 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | , Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | Sunday 12–9PM Monday 11:30AM–9PM Tuesday 11:30AM–9PM Wednesday 11:30AM–9PM Thursday 11:30AM–9PM Friday 11:30AM–10PM Saturday 11:30AM–10PM |
Reason for Selling: | Retirement |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Asking Price: | $300000 |
Gross Revenue: | 670000 |
Gross Revenue Range: | $500,000-$1,000,000 |
EBITDA Range: | $100,000-$300,000 |
SDE Range: | $100,000-$300,000 |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 9 Years |
Total Monthly Rent: | $9000 |
Financial Comments (include any Financing information that may be useful): | Revenue is at around 670000 consistently before renovation and COVID-19. Great Opportunity To Buy Low Due to Owner Retirement! |