Description of the business for sale
This growing Chinese and Korean Fast Food restaurant has become highly profitable in less than a year since current owner took it over in February 2006. The business grew over 30% since the ownership was changed; daily sales was $550 ~ $600 prior to ownership change but it is now running at $750 ~ $800 per day.
It is located within walking distance from San Jose State University, 25% of customers are students and faculty members, and in the center of large apartment communities ranging 10 blocks.
It has been a Chinese restaurant for over 10 years and the current owner added sandwiches, Korean spicy dishes. 70% are takeout customers and the rest is sit-ins. It has a seating capacity of over 40 with 16 tables, 32 chairs, and 16 stools.
The owner is willing to offer “ a period of observation” for your verification of the business.