Property summary
This exceptional opportunity presents the purchase of "East Meets West," a well-established Chinese restaurant located at 18780 S 68th St, Hickman, NE 68372. This thriving business, operating for 50 years (18 years at the current location), boasts impressive 2023 gross sales of $217,999. The 1,400 square foot space is situated in a Class B building and is leased under a NNN agreement with approximately five years remaining. The base rent is $1,564 per month, with CAM charges of $451 covering garbage, sewer/water, lawn care, snow removal, and parking lot maintenance. Utilities (gas, electric, internet, phone/fax) are the responsibility of the owner. The sale includes all inventory, furniture, fixtures, and equipment. The restaurant comfortably seats 32 diners, although a significant portion of sales comes from takeout orders. Current operating hours are Monday through Saturday, 11 AM to 2 PM and 4:30 PM to 8 PM, offering potential for revenue growth through extended hours. The seller will provide training on menu items, recipes, operations, and introductions to established clientele. The property is zoned for commercial use and is located in a vibrant area with a growing population. This turnkey operation offers a rare chance to acquire a profitable and long-standing business. The asking price is $85,000.
Property profile
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C2 · Hickman, NEZoning
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