Food & BeverageVerified Seller
Chinese Restaurant in Marina, CA - $288K - Strong Cash Flow & Prime Location
Marina, California
Asking Price$288,888
Annual RevenueUpon Request
EBITDA / Cash Flow$622,368Implied Multiple: 0.5x EBITDA
Executive Overview
Outstanding opportunity to acquire Lee's Garden, a highly successful Chinese restaurant in the vibrant heart of Marina, CA. Priced at $288,888 with proven annual cash flow of $121,265, this established eatery is renowned for its profitability, loyal customer base, and prime location—making it a compelling investment for both experienced restaurateurs and first-time buyers.
Key Investment Highlights
- •Strategic Location: Situated on busy Reservation Road, benefiting from high foot traffic, excellent visibility, and ample parking.
- •Consistent Financial Performance: Delivers steady revenues and impressive profit margins year after year.
- •Turnkey Operation: Fully equipped with a spacious commercial kitchen, inviting dining area, and comprehensive furniture, fixtures, and equipment (FFE) included.
- •Strong Community Presence: Over a decade in business with a stellar reputation for authentic cuisine, earning glowing online reviews and a dedicated local following.
- •Significant Growth Potential: Ability to boost revenue through expanded delivery, catering services, or innovative menu updates.
Established in 2016, Lee's Garden operates smoothly with a team of 10 seasoned staff members, ensuring high-quality service and operational continuity. The restaurant is meticulously maintained and offers a seamless ownership transition, with all systems and processes in place for ongoing success.
Positioned in a rapidly growing area, the business presents significant opportunities for further expansion. New ownership can capitalize on the existing foundation and explore additional revenue streams such as marketing campaigns, partnerships with local businesses, or hosting special events. Lee's Garden stands as a rare chance to own a respected and profitable restaurant in a sought-after Monterey County location.