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- RE: Chinese Restaurant
- Contact: Armen Nazarian
Quick Facts
Asking Price: | $120,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1993 | |
Employees: | Not Disclosed | |
BBN Listing #: | 937449 | |
Broker Reference #: | 587 |
Business Overview:
This is a great opportunity to own a long-established Chinese Restaurant in Genesee County. Established in 1993, this 220-seater restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All equipment is in good working order and included in the sale but the business is currently closed. Seller closed during Covid and hasn’t opened since due to other business interests. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with opening, adding catering/deliveries, corporate accounts and joining the Chamber of Commerce, you have HUGE potential. Great location with plenty of growth opportunities! Perfect for a husband/wife team, starter restaurant or change menu and bring your own food concept. A must see/must have business that will not disappoint! Seller will entertain all reasonable offers!! Includes Class C Liquor License! Call Armen Nazarian Business Brokers
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Property Features and Assets:
All equipment is in good working order and included in the sale but the business is currently closed. Seller closed during Covid and hasn’t opened since due to other business interests.
Market Competition and Expansion:
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with opening, adding catering/deliveries, corporate accounts and joining the Chamber of Commerce, you have HUGE potential. Great location with plenty of growth opportunities!
Reason for Selling:
Other Business Interest
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Michigan businesses for sale
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- Find a business broker
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