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!