Owner Financing is Available!
Business Overview:
This is an excellent opportunity for the right family that has excellent experience and good financials. At grossing nearly $1 million a year, we feel it is priced right at $269,000. Seller will look at all offers. The Seller Would Discount The Price For A Qualified User Who Would Want To Close And Re-open With A New Concept. It is the Broker's opinion that the highest and best use is to keep it as a Chinese restaurant. Sale conveys with the name, website and phone number.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Located in one of the top shopping centers in all of Montgomery County(on the Pike). Original renovation cost was $400,000. Square footage was 3,890 square feet. With seating capacity of up to 200. Beautiful private dining room, restaurant has full liquor license, plenty of parking.
Market Competition and Expansion:
The original business started 25 years ago with five family members. The five family members shared the responsibilities. Today there are only two family members left. This is an excellent opportunity for a new family ownership with the energy and the marketing skills to take this successful restaurant to even higher possibilities.
Reason for Selling:
Retiring after 25 years in business.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: