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Business For Sale
CHINESE BUFFET IN WAL MART COMPLEX
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Asking Price: |
$200,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Out of state owner lost cook/manager |
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Year Established:
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2006 |
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# of Employees:
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10 |
Business for Sale Overview:
Great opportunity to own your own business in this established Wal Mart anchored complex on state highway at Interstate interchange in this large Central Illinois city. This restaurant was opened in 2006 after over $450,000 build-out, but the Chinese cook/manager recently had to leave and close up the restaurant. Large and beautifully decorated restaurant with smaller eating areas makes customers feel their own comfort zone. Cushion and comfortable booths, plus cherry wood tables and chairs. Cherry wood floors in eating area, granite floors in reception and common areas. 4 large buffet steam tables to present different varieties of tasty Chinese foods. The restaurant is approved for 150 people. Customers do not have to wait. Food is ready. Grab a plate and help yourself with your choice of delicious Chinese foods and deserts. Separate entrance and waiting area for Carry-out service. A fantastic opportunity for you. Perfect for a family operation. Complete Turn-Key, like new everything. Owner will pay up to $1,000 of Re-Opening advertising. Owner will pay up to $5,000 towards restocking of food inventory.
Property Features and Assets:
Wal Mart anchored location in a huge shopping complex situated on state highway at Interstate interchange and near Convention Center. 2-year-old, 5,200 Square Feet Masonry construction, double entrance (eat-in and carry-out), well-decorated, cherry wood floors in eating area, granite floors in reception and common area. Full 60 feet long kitchen with 34 feet of Ansel Fire System. Vent Hood, 20 feet long dish washing room, $20,000 Cooler/Freezer. Plenty of parking spaces for everyone.
Market Competition and Expansion:
Fast food places in area, but Wal Mart Anchored shopping complex gives great exposure. Owner trying to get additional signage on highway.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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