Chinese Restaurant
Business Description
This well-established Chinese restaurant, operating successfully since 2012, presents a strong opportunity for both seasoned operators and first-time buyers. Known for its consistent quality and authentic cuisine, the business has built a loyal customer base with a high volume of repeat local patrons.
The restaurant features a clean, inviting dine-in environment that enhances the overall customer experience and supports steady revenue. With gross revenue of $779,995 and net income of $120,929, the business demonstrates solid financial performance.
Strategically located in a high-traffic area with heavy foot traffic, the restaurant benefits from strong visibility and ongoing customer flow. This prime location contributes to its stable performance and future growth potential.
The business has been valued at $200,000 and is now being offered at a discounted price of $140,000, presenting an excellent value for a buyer seeking an established operation with proven success.
NDA and proof of funds required.
The restaurant features a clean, inviting dine-in environment that enhances the overall customer experience and supports steady revenue. With gross revenue of $779,995 and net income of $120,929, the business demonstrates solid financial performance.
Strategically located in a high-traffic area with heavy foot traffic, the restaurant benefits from strong visibility and ongoing customer flow. This prime location contributes to its stable performance and future growth potential.
The business has been valued at $200,000 and is now being offered at a discounted price of $140,000, presenting an excellent value for a buyer seeking an established operation with proven success.
NDA and proof of funds required.
About the Business
- Years in Operation
- 14
- Employees
- 8 (5 Full-time, 3 Part-time)
- Facilities & Assets
- This is a leased location of 2,424 square feet with a Total monthly rent of $10,729. Lease ends 09/2027 with 1 Option of 5 Years. Seller is active with 5 FT and 3 PT employees. Hours of operation are 11am-9pm, 7 days a week. $8,000 in inventory and $90,000 in FF&E included in the asking price. $80,000 made in leasehold improvements. Beer and wine license required.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,424
- Rent
- $10,729.00 per month
- Lease Expiration
- 9/1/2027
About the Sale
- Seller Motivation
- Wants to move back to China.
- Transition Support
- 2 Weeks
Listing Info
- ID
- 2493396
- Listing Views
Listing ID: 2493396 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 of Use. Learn how to avoid scams.
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