Well-established, family-operated Chinese restaurant
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Well-established, family-operated Chinese restaurant
Well-established, family-operated Chinese restaurant serving the Lone Grove, Oklahoma community with lunch and dinner service from an approximately 3,250-square-foot leased location. Schedule C tax filings document three consecutive years of gross receipts between $230,000 and $247,000 (2023–2025), supported by a low monthly occupancy cost of $1,500 and lease continuity reported through 2032. The Seller is offering two weeks of hands-on training to ensure a smooth transition. Priced at 2.5x weighted SDE, this is an accessible, turnkey entry point for an owner-operator seeking an established restaurant rather than a ground-up buildout.
About the Business
- Facilities & Assets
- Approximately 3,250 SF leased restaurant facility with base rent of $1,500/month ($18,000 annually) and lease renewal options reported through 2032. Sale includes equipment, recipes/goodwill, and inventory, structured as an asset sale. Full FF&E schedule available upon request.
- Market Outlook / Competition
- The U.S. Chinese restaurant industry generated an estimated $28.4–$28.7 billion in revenue in 2025–2026 (IBISWorld), remaining one of the largest ethnic-cuisine categories nationally, with continued growth in take-out and delivery demand. Lone Grove sits within the Ardmore, OK micropolitan area, a community of roughly 5,100–5,300 residents with median household income of $71,787 and steady population growth. The industry is fragmented and independently owned, with buildout costs and licensing time favoring an established, operating location like this one over new construction.
- Opportunities for Growth
- Potential opportunities include building out online ordering and third-party delivery listings, strengthening local digital marketing and search visibility, introducing a loyalty/repeat-visit program, reviewing menu item-level margins, and exploring catering or expanded operating hours during off-peak capacity. These are potential opportunities only, not guarantees of future performance.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,250
- Rent
- $1,500 per month
About the Sale
- Seller Motivation
- Personal Reasons
- Transition Support
- Seller is offering two weeks of hands-on training and transition support to ensure operational continuity for the new owner.
Listing Info
- ID
- 2554421
- Listing Views
- 24
Attached DocumentsAttachment Disclaimer
Listing ID: 2554421 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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