Property Attributes
- MLS#S5090385
- TypeBusiness Op
- CountyORANGE
- CityORLANDO
- AreaOrlando-Taft - Meadow woods
- Zip32824
- StyleRestaurant
- Price$ 975,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2400
Data Source:
Stellar MLS
Property Description
MAJOR PRICE IMPROVEMENT!!! Business Opportunity (No Real Estate Included) Landmark Restaurant available for sale after 24 years in business. This chinese restaurant is a local hotspot and landmark or more like an institution. It is very highly profitable and boasts a solid loyal cliente that it very hard to duplicate. Sale includes all equipment and goodwill, signage, name etc. If you are looking for a business that makes money from day one this is it, with over 550K net every year and then some. Hard to find any business that will produce that instant cash flow and pay itself off in 3 years. There are other revenues that can be added to increase this even more, such as delivery, grubhub, uber eats etc. Get in contact with us or your broker, line up the financing as this is already approved for the sba 10% down program and great for EB5 Visas. Seller Financing is available for a portion of the purchase
Price History | |
---|---|
8/26/2023 | Listed $1,300,000 |
10/23/2023 | 8% - $1,199,000 |
4/13/2024 | 30% - $850,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Central |
Cooling | Central Air |
Utilities | Electricity Available,Natural Gas Available,Public,Water Connected |
Roof | Built-Up |
Appliances | Dishwasher,Microwave,Refrigerator |
Construction Materials | Block |
Electric | 200+ Amp Service,440 Volts |
Levels | One |
Property SubType | Restaurant |
Tax Year | 2022 |
Percent Ownership | Corporation |
Business Type | Restaurant |
Accessibility | Accessible Bedroom,Accessible Entrance |
Business Name | Palacio Chino |
County | Orange |
Property Type | Business Opportunity |
Building Features | Bathrooms |
Status | Active |
Directions | Landstar to Town center blvd,plaza is on the corner |
ModificationTimestamp | 2024-06-01T14:48:25.053Z |
City | ORLANDO |
Buyer Agent Compensation | 2.5% |
Disclosures | None |
View Y/N | No |
MLS Area | 32824 - Orlando/Taft / Meadow woods |
Waterfront Y/N | No |
Property Condition | Completed |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/S5090385 |
Days on Market | 280 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Active |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Flooring | Ceramic Tile |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Window Features | Display Window(s) |
LivingAreaSource | Owner |
Exterior Features
Parking Features | 19 to 30 Spaces |
---|---|
Water Source | Public |
Foundation Details | Slab |
Building Area Total | 2400 |
Road Surface Type | Asphalt |
Road Frontage Type | City Street |
Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool