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.N.Federal Hwy Fort Lauderdale FL, 33304
Price: $599,000
County: Broward County
Parking Spaces:
Sale Of: Business Only
ID#: 1011478099
Listed Date: 2023-10-30 |
Property Description:
Number of Employees: 16
Status of Listing: Active
Year Established: 1966
Gross Sales: $2,089,718
Income/Expense Period: 2022
NOI: $335,718
| Successful and profitable Chinese restaurant in South Florida for nearly 60 years and winner of the best Chinese restaurant in the region, for several consecutive years, is offered for sale. Serving delicious, authentic Chinese dishes made with the finest ingredients, comfy decor and friendly service, this restaurant does it all in a relaxed atmosphere, including dumplings, slices of caramelized roast pork, and beef lo mein. The restaurant has a full bar that is a popular draw with recurring customers; the restaurant has a 4COP SFS alcohol license that is transferable to the next owner. Great sales growth at compounded growth rate (CAGR) of nearly 15% from 2019 to 2022. Accurate financial records, ideal for owner operator or for foreign buyers requiring investment visas.
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