10-Year Established Chinese Takeout Restaurant with Rare 15-Year Lease & Private Parking

The Opportunity:
A profitable, turnkey Chinese takeout restaurant located on a high-traffic corridor in North Philadelphia (19140). The business has been a neighborhood staple for 10 years, boasting a 4.2-star Google rating and a deeply loyal customer base. Owner is selling to relocate out of state to be closer to family — this is a genuine sale of a healthy, profitable business, not a distress situation.

Key Highlights:
- Exceptional Lease Terms: New owner assumes a 15-year lease with zero rent increase for the first 5 years. Current rent is only $1,980/month (Year 6-10 at $2,040). This provides unparalleled stability and protects profit margins against inflation.
- Rare Private Parking: Dedicated off-street parking for customers — a critical advantage in this dense urban area.
- High-Traffic Synergy: Flanked by a 24-hour laundromat and a neighborhood bar, generating consistent foot traffic throughout the day and evening.
- Untapped Revenue Stream: Currently no delivery service (DoorDash/Uber Eats) is activated due to staffing. A new owner can instantly increase revenue by 15-20% simply by activating delivery apps.
- Cash Business: Currently cash-only.
- Consistent Financials: Average daily sales of $1,400 (closed sun
days). Annual revenue approximately $436,800 with strong Seller's Discretionary Earnings (SDE) of approximately $122,000.

Facilities & Assets:
Fully equipped commercial kitchen including hood system, gas wok station, deep fryers, and walk-in cooler. Dedicated private parking lot adjacent to building — a rare asset in this dense urban corridor. All FF&E and food inventory included in sale (estimated value $15,000-$20,000). Note: Equipment is older but fully functional and well-maintained.

Support & Training:
Owner will provide 1 weeks of hands-on training at no additional cost. Training includes daily operations, supplier introductions, food prep procedures, and customer service flow.

Market & Competition:
Located in a densely populated North Philadelphia neighborhood with minimal direct competition. The business benefits from consistent foot traffic generated by adjacent 24-hour laundromat and neighborhood bar. Established 10-year reputation and 4.2-star Google rating create a strong moat against new entrants.

Growth & Expansion:
Significant untapped revenue potential:
1. Delivery Apps: Currently no DoorDash/Uber Eats setup due to staffing. New owner can instantly increase revenue by 15-20% by activating delivery services.
2. Extended Hours: Current operating hours can be expanded to capture late-night bar crowd.
3. Credit Card Acceptance: Adding card payment option may increase average ticket size.

Reason for Selling:
Owner is relocating out of state to be closer to family.
Asking Price: $160,000
Serious inquiries only.