Business Directory

Name of Business: House of Cheng Restaurant

Owner: Dennis Cheng

Contact:
494-3369 or 425-8706
yi_dennis@yahoo.ca

Number of years in business: 28 years (opened 1980)

Chinese Restaurant with seating for 60.
Dine in or take out. Very successful business generating a sizeable profit every year. Greater potential if new buyer is willing to open longer hours.

2 part-time staff employed.

Hours of operation:
Tuesday through Sunday: 12pm – 9pm
Closed Mondays

Approximate number of hours worked on-site by owner per week: 65

Seller to remain to train and assist new owner for an agreed upon period of time: Yes

Reason for sale: Owners are retiring

Business books available for potential purchaser and accountant to view: Yes

Asking Price: $240,000 includes restaurant, all equipment, 4 bedroom apartment upstairs and parking lot. The building is mortgage free and included in sale price.

Listed in: Business For Sale