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Established Chinese Takeout with 40+ Years of Success
Business Description
Prime high-traffic location, zero competition, and loyal customer base
ESTABLISHED CHINESE TAKEOUT WITH 40+ YEARS OF SUCCESS
This well-established Chinese takeout restaurant presents an exceptional opportunity in Wood-Ridge, NJ, having served the community since 1975. With nearly five decades of continuous operation, the business has built a loyal customer base and maintains strong financial performance with $350,000 in annual revenue and $87,000 in cash flow.
KEY BUSINESS HIGHLIGHTS:
• Zero competition - No other Chinese takeout restaurants in the area
• Prime high-traffic town center location with excellent visibility
• Strong financial performance: $350,000 annual revenue, $87,000 cash flow
• Established customer base built over 40+ years of operation
• Growing market opportunity with population doubling from 5,000 to 10,000 residents
• Affordable lease at $4,500/month through December 2030
• 1,250 sq ft facility with $25,000 in furniture, fixtures & equipment
• $10,000 inventory value
• Seller financing available
LOCATION ADVANTAGES:
Situated in a bustling commercial area surrounded by complementary high-traffic businesses including bagel shop, Domino's Pizza, liquor store, bakery, dry cleaners, bank, hair and nail salons, convenience store, CVS pharmacy, and gas station. This prime setting ensures consistent customer flow from both residents and nearby business patrons.
GROWTH POTENTIAL:
The town has experienced rapid growth with population doubling in recent years, creating expanded market opportunities. The unique position as the only Chinese takeout in the area provides significant competitive advantages and room for growth.
OPERATIONS:
Ideal for a single operator or multi-business owner. The business model is proven and streamlined for efficient operations.
SELLER MOTIVATION:
Owner is semi-retiring due to health reasons after successfully operating for over 16 years. Due to health issues, training support will not be available post-sale.
This turnkey opportunity offers immediate cash flow, established systems, and significant growth potential in a protected market position. Perfect for an experienced restaurant operator looking to acquire a profitable, established business with minimal competition.
This well-established Chinese takeout restaurant presents an exceptional opportunity in Wood-Ridge, NJ, having served the community since 1975. With nearly five decades of continuous operation, the business has built a loyal customer base and maintains strong financial performance with $350,000 in annual revenue and $87,000 in cash flow.
KEY BUSINESS HIGHLIGHTS:
• Zero competition - No other Chinese takeout restaurants in the area
• Prime high-traffic town center location with excellent visibility
• Strong financial performance: $350,000 annual revenue, $87,000 cash flow
• Established customer base built over 40+ years of operation
• Growing market opportunity with population doubling from 5,000 to 10,000 residents
• Affordable lease at $4,500/month through December 2030
• 1,250 sq ft facility with $25,000 in furniture, fixtures & equipment
• $10,000 inventory value
• Seller financing available
LOCATION ADVANTAGES:
Situated in a bustling commercial area surrounded by complementary high-traffic businesses including bagel shop, Domino's Pizza, liquor store, bakery, dry cleaners, bank, hair and nail salons, convenience store, CVS pharmacy, and gas station. This prime setting ensures consistent customer flow from both residents and nearby business patrons.
GROWTH POTENTIAL:
The town has experienced rapid growth with population doubling in recent years, creating expanded market opportunities. The unique position as the only Chinese takeout in the area provides significant competitive advantages and room for growth.
OPERATIONS:
Ideal for a single operator or multi-business owner. The business model is proven and streamlined for efficient operations.
SELLER MOTIVATION:
Owner is semi-retiring due to health reasons after successfully operating for over 16 years. Due to health issues, training support will not be available post-sale.
This turnkey opportunity offers immediate cash flow, established systems, and significant growth potential in a protected market position. Perfect for an experienced restaurant operator looking to acquire a profitable, established business with minimal competition.
About the Business
- Years in Operation
- 50
- Facilities & Assets
- This space is designed for a Chinese takeout but can easily be converted to any restaurant. It includes:
Walk-in cooler & small freezers
Commercial stove & cooking equipment
POS system for order/payment
All necessary furniture & fixtures - Market Outlook / Competition
- No Chinese takeout restaurants are present, creating a unique opportunity with zero competition.
The location is surrounded by a strong mix of high-traffic businesses, including:
Bagel shop
Domino’s Pizza
Liquor store
Bakery
Dry cleaners
Bank
Hair and nail salons
Convenience store
CVS pharmacy
Gas station
This prime setting ensures steady customer flow from residents and nearby businesses, making it an ideal spot for a thriving food operation. - Opportunities for Growth
- The town has seen rapid growth in recent years, with the population doubling from 5,000 to 10,000.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,250
- Rent
- $4,500.00 per month
- Lease Expiration
- 12/31/2030
About the Sale
- Seller Motivation
- Owner is semi-retiring due to health reasons after successfully operating the bu
- Transition Support
- Due to health issues, the current owner is unable to provide training.
- Financing Options
- NA
Listing Info
- ID
- 2410574
- Listing Views
- 1248
Business Location
Listing ID: 2410574 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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