Profitable Chinese Restaurant in Greater Lansing area

Asking Price$239,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$700,000

InventoryNot Disclosed

FF&ENot Disclosed

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Profitable Chinese Restaurant in Greater Lansing area


Asking Price$239,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$700,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Prime location near MSU with 6 private karaoke rooms
Well-established Chinese restaurant in the Greater Lansing area with approximately $700,000 in annual sales, a loyal repeat customer base, and significant potential for further growth.

The restaurant is located on a major commercial corridor approximately two minutes from Michigan State University. It is next to the area's only Chinese grocery store, near Whole Foods Market, and across from Trader Joe's, providing excellent surrounding retail activity and convenient access.

The restaurant underwent an extensive renovation in 2019, with approximately $350,000 invested in the build-out, kitchen infrastructure, and equipment. The fully equipped commercial kitchen includes a walk-in cooler, 24-foot commercial hood system, wok line, three grease traps, multiple commercial refrigerators, and multiple upright and chest freezers.

A unique feature of the restaurant is its six private dining and karaoke rooms, offering excellent space for birthdays, celebrations, group dining, private parties, and other events. The restaurant also features a bar area with seating for approximately 10 guests. A Class C liquor license is included in the sale, subject to applicable licensing and transfer approval.

The business has historically relied heavily on repeat customers and word-of-mouth and has done little to no paid advertising. This provides a strong opportunity for a new owner to increase local awareness through social media, digital advertising, MSU community outreach, catering, delivery, and promotion of private dining and karaoke events.

The restaurant is fully equipped and operational, offering a new owner the opportunity to take over an established business with substantial existing infrastructure, a loyal customer base, and multiple avenues for future growth.

Additional financial and business information is available to qualified buyers upon request.
About the Business
Years in Operation
15
Employees
6 (5 Full-time, 1 Part-time)
Facilities & Assets
The restaurant underwent an extensive renovation in 2019 with approximately $360,000 invested in the build-out, kitchen infrastructure, and equipment. The facility features six private dining and karaoke rooms, a bar area with seating for approximately 10 guests, and a fully equipped commercial kitchen. Kitchen features include a walk-in cooler, 24-foot commercial hood system, wok line, two grease traps, multiple commercial refrigerators, and multiple upright and chest freezers. The restaurant is fully equipped and well suited for continued restaurant operations, group dining, private parties, and entertainment.
Market Outlook / Competition
The restaurant is located on a major commercial corridor in the Greater Lansing area, approximately a two-minute drive from Michigan State University. It is next to the area's only Chinese grocery store, near Whole Foods Market, and across from Trader Joe's, providing strong surrounding retail activity and visibility. The restaurant has built a loyal base of repeat customers and has historically relied primarily on word-of-mouth rather than paid advertising. Six private dining and karaoke rooms and a bar area further differentiate the business from typical restaurants in the area.
Opportunities for Growth
The business has significant potential for increased local awareness. Despite its strong location near MSU and major retail destinations, the restaurant has historically done little to no paid advertising and currently relies heavily on repeat customers and word-of-mouth. A new owner could pursue social media, local and digital advertising, MSU student and community outreach, catering, and private-event marketing. The six private dining and karaoke rooms also provide opportunities to grow birthdays, celebrations, corporate gatherings, student events, and other group business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,700
Rent
$5,700 per month
Lease Expiration
9/1/2031
About the Sale
Seller Motivation
Owner pursuing other business interests.
Transition Support
Seller is willing to provide reasonable training and transition assistance to help ensure a smooth ownership transfer. Specific terms and duration can be discussed with the buyer.
Financing Options
Seller financing may be considered for a qualified buyer with a substantial down paym
Listing Info
ID
2541856
Listing Views

Listing ID: 2541856 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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