Successful Established Chinese & Japanese Restaurant

Business Opportunity for Sale
Catylist Listing ID: 30298246
Property Subtypes: Food and Beverage
Building Size (RSF): 10,202 SF
Sale Price: $599,000
Name of Establishment: Shanghai Ichiban
Business Website Address: https://shanghaiichiban.com/
Year Business Established: 1987
Gross Revenue: $1,500,000 (Annual)
Cash Flow: $230,000 (Annual)
Cash Flow Type: EBITDA
Last Updated: 2/21/2019

Overview / Comments

$599,000 - Asking price for Business including FF&E and Class C liquor license

10,000+ SF building can be purchased or leased. Contact listing agent for details.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $1,599,000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,731 80,945 229,102
Median Age: 39.81 35.97 33.64
Households: 4,108 32,482 86,948

Contact

Photograph of Listing Agent

Scott K. Ryskamp

Ryskamp Realty CARWM Member
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