, California 7 views 0 favorites
Hello, I am the owner of "Peking Express" in Vallejo and we are selling our long running family-owned restaurant. Our family has been in the restaurant business for over 30 years and in this location for over 16 years. My wife and I, and our long-time employees/chefs are all getting ready to retire. We're currently a Chinese fast food restaurant which also cook single made-to-order specialty dishes. If you purchase this business you can continue the operation as is including using the "Peking Express" name and recipes or you can convert it to another restaurant style that fits your specialization. Whichever decision you choose, you would be successful because this is a great location with a growing online presence. The restaurant is in the FoodMaxx shopping center with many loyal customers who would stop by to order lunch, dinner, a family meal or a party tray after they finish grocery shopping. There are two large hospitals nearby that we service for staff lunches and office meetings. We are located near Redwood St. & Interstate 80 so we're in a prime position to service the residential areas enclosed by Columbus Parkway, Tennessee St. Highway 37 and Highway 29. Many customers within these residential areas are less than a 5-10 minute drive, so deliveries are very easy to complete from here. However, even if you decide not to deliver yourself, you would still be able to expand with a growing presence of Doordash and other online orders in the area. Within the past year, we're seeing an increased number of online orders which is now adding nearly 10% to our revenue and continuing to grow. In 2009 we were listed as one of the top 100 Takeout restaurants in the US http://top100.chinesemenu.com/event/2009/winner.asp?type=individual-awards&id=510068620 Please stop by and take a look at the business for yourself. If you're interested, please feel free to contact us and we can set up a time to show you the kitchen area as well. The sales price is negotiable and we are open to all reasonable offers. The sale would include all the equipment that we have purchased over the years (about $190K in value when purchased new). Rent for 2022 is $3168/month + $593/month in CAM SQFT: 1,300 Seats: 20 If you're interested, please call me using one of the methods below Restaurant: 707-556-9999 Cell phone: 707-853-2297. Email: PekingExpressVallejo@gmail.com Location: Vallejo, California Year Established: 2005 Number of Employees: 3 Real Estate: Leased Building Sq. Ft.: 1,300 Rent: $3,168.00 Per Month Growth & Expansion: There are many online order / delivery services in the area. It has grown during the shutdown, but continued to remain high even when more customers are returning to order physically in the store.
Listed: Apr 21, 2022
Updated: 6 days ago
Views: 7
Favorites: 0