Chinese Restaurant For Sale in High Traffic Charlotte Area!

Contact Seller
If you are looking for a turnkey business then this for you.
Asking Price:
$59,000

Gross Revenue:
$240,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Share this business:

Business Description

Chinese Restaurant with Take-Out and Delivery is ready for a new owner. If you are looking for a turnkey business then this for you. Seller is motivated and accepting all offers !! This Low Cost Opportunity will not last long.
This Chinese Restaurant is perfectly located and ready for growth. Situated in a very high densely populated area of Charlotte with plenty of traffic, business's, and entertainment. Why pay top dollar for a brand new restaurant when you can get in the door faster with an established restaurant such as this. Offering Dine-In, Take-Out, and Delivery this restaurant is growing with new customers daily! At a five mile radius there is a estimated population of 198,598 people and 78,539 households. To help with the lunch business there is 69,577 employees located within a 5 mile radius.
The rent is all in at $1915 per month including CAM within a nice size of 1100 square feet. Seating for 30 and a take-out area ready to expand its delivery business as well. Plenty of parking available for all of those Take-Out orders. With a 3 year lease term, there is another option available for an additional 3 years of term.
Not only is the dining room fully furnished with tables and chairs, but the kitchen is fully equipped and ready for a new owner to start going on day one. This full kitchen starts with a large walk in cooler, but also includes equipment such as Rice Warmers and Cookers, POS Register, Hood Systems, Deep Fryers, Grill, Ice Machine, and much more.
Open seven days a week this menu is simple but very popular with the locals. Featuring classic favorites such as Lo Mein, Beef, Seafood, and its most popular dish, Sesame Chicken. Menu and recipes all available to new owner or create your own menu and go!
This is an Asset Sale, so no books or records will be provided except for Sales. Sales are close to $250,000 per year and growing.
Bring your offers and vision your restaurant ownership starting sooner than you planned!

About the Business

Year Established:
2016
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
1,100
Rent:
$1,914.00 Per Month
Lease Expiration:
7/31/2021
Facilities:
8 Dining Tables 30 Dining Chairs 1 Display Cooler 1 POS Register 2 Two Foot Steel Table 1 Trash Cabinet 1 Rice Cooker Electric 1 Rice Warmer 1 Six Foot Steel Table 1 Four Foot Steel Table Wall Shelves Standing Display Cooler 1 Two Foot Deli Table 1 Twelve Foot Hood 1 Six Foot Hood 2 Deep Fryers 1 Eight Foot Grill Misc Utensils 1 Rice Cooker Gas 1 Five Foot Steel Table with Sink 1 Three Compartment Sink 1 One Compartment Sink 6 x 6 Walk in Cooler 1 Two Door Freezer 1 Single Door Freezer 1 Single Door Cooler 1 Ice Bin 1 Ice Machine 1 Microwave 1 TV
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Charlotte has seen the job market increase by 3 5 over the last year Future job growth over the next ten years is predicted to be 42 5 which is higher than the US average of 38 0
Growth & Expansion:
Key business for expansion and growth Charlotte is the number 2 metro in the US for economic growth
Contact the Seller

About the Sale

Reason For Selling:
Other
Training/Support:
Training Available

Listing Info

ID:
1602172
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Justin Scotto

We Sell Restaurants

 Show Phone Number

View My 28 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Mecklenburg County, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Mecklenburg County, NC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.