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High-Volume Dim Sum and Cantonese Restaurant

Sacramento, California Food Services

About this business

This acclaimed Chinese restaurant is located in the heart of Sacramento, California, next to a bustling retail super-center that provides a steady stream of customers. The establishment is renowned for its high volume of dim sum and Cantonese cuisine and has earned a Michelin recommendation. The restaurant features a distinctive dining experience with dim sum carts that pass through each table, allowing diners to select their preferred dishes. The venue is designed to accommodate large groups, making it popular for social gatherings and filling a significant gap in the local market for quality dim sum.

The restaurant boasts a spacious interior with ample seating for a large number of patrons and is equipped with professional kitchen facilities including a 25-foot type 1 hood, walk-in cooler, walk-in freezer, and large prep table. The business demonstrates strong financial performance with gross annual income between $3,300,000 and $3,500,000. Additional amenities include dedicated customer parking. The monthly lease amount is $9,910.00. This is an established operation with a proven track record of success in a highly visible location.

Financial overview

Gross Revenue $3.3M
SDE Not disclosed
EBITDA Not disclosed
Fixed Assets Not disclosed
SDE Multiple
Revenue Multiple 0.15×
SDE Margin
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Location

Sacramento, California

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Asking Price $500,000