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Well-Established Chinese Restaurant With Bar Rockford, IL - Property Included!

Rockford, Illinois
Well-Established Chinese Restaurant With Bar Rockford, IL - Property Included!
Asking Price:$450,000
Gross Sales: $723,602
Cash Flow: $142,118
Value Of FF&E: Included in Asking Price
Real Estate: Owned
Year Established: 1992
Status: New Listing

Contact Details

Contact Name: Pat Mahoney

Contact Email: sales@eatz-associates.com

Contact Phone: 847-208-9569

Contact Fax: 888-673-3045

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Business Description

Serving delicious authentic Chinese cuisine.

Full-service restaurant with a full bar. Dine-in, carry-out and local delivery. Online ordering available. Lunch, dinner and drink specials.

Beautifully appointed interior with an Asian flair. Cozy atmosphere.

Family owned and operated.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

 

Detailed Information

County: Winnebago

Location: Prime retail space in a spectacular freestanding building with ample parking. Conveniently located on busy E State St/US 20, the main throughway/major highway running through this growing far northwest city. Surrounded by a flourishing commercial and residential area. Perfectly situated in the largest city in IL outside of Chicago, conveniently located 65 miles northwest of O'Hare. The area is home to several Fortune 500 company facilities, 3 major medical facilities, as well as more than 15,000 other businesses. It's the best of big city and small-town living. Almost 30% of the US population lives within 500 miles of its borders!

Facilities: 30,141 sqft = .69 acres. 2017 real estate taxes $16,689. Square Feet: 3,500. Seating: 150. Days/Hrs of Operation: Mo 11a-2:30p & 4p-9p, We-Fr 11a-2:30p & 4p-9p, Sa 4p-9p, Su 11a-9p .

Competition: Best Chinese in the area. Mouthwatering options. Everything made fresh. Extensive drink menu. Known for their tasty food and outstanding service.

Growth and Expansion: Real gem. A staple in the community. Local favorite Chinese restaurant. Lots of regulars. “Go-To” for Chinese dine-in, takeout and delivery. Highly rated and recommended, great reputation to build upon.

Support/Training: One week on-site comprehensive training.

Number of Employees: 20

Inventory: $5,000

Seller Financing: No

Reasons For Selling: Focus On Other Business

Gross Sales: $723,602

Value Of FF&E: Included in Asking Price

 

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