For Sale
$94,900

1700 Park Ave Muscatine, IA 52761

Established eatery, turnkey operation, high profitability.

Overview

Added:
Feb 3
Days on market:
79
This exceptional opportunity presents the acquisition of a thriving Chinese restaurant in Muscatine, Iowa. Located at 1700 Park Avenue, this well-established business boasts a remarkable 44-year history of consistent profitability. The sale includes all fixtures, cooking equipment, recipes, tables, and the owner's point-of-sale (POS) system, offering a truly turnkey operation for the new owner. The restaurant features ample seating, accommodating 104 patrons in the main dining area with 14 booths and twelve 4-seat tables. A private party room adds an additional 40 seats, and the owner has an additional 30 seats in storage, bringing the total potential seating capacity to 174. The business is currently operational and successful, with the potential for much of the existing staff to remain. The sale involves the assumption of a long-term lease, subject to landlord approval. A significant investment was made in 2023 with the installation of a new HVAC unit, totaling $40,000. It is crucial to understand that this listing is for the business only

Property Details for 1700 Park Ave

Property type
Commercial real estate
Square Feet
25,925 SF
Year Built
1969

Location Insight

City
Muscatine
County
Muscatine
State
Iowa
Latitude
41.44469
Longitude
-91.03149

FAQs

What type of property is this?
Commercial real estate - Established eatery, turnkey operation, high profitability.
Where is the commercial real estate located?
The property is located at 1700 Park Ave Muscatine, IA.
What is the asking price?
The asking price for this property is $94,900.
How can I contact the broker?
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1700 Park Ave
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