Business For Sale

Casual Chinese Restaurant and Take Out

Not Disclosed, TX
Dallas County

South Dallas

Asking Price: Annual Revenue:
$25,000 $50,000

Food & Beverage: Miscellaneous

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RE: Casual Chinese Restaurant and Take Out Broker: Kevin Chung

Quick Facts

Asking Price: $25,000
Annual Revenue: $50,000
Net Profit: Not Disclosed
Cash Flow: $20,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 2
BBN Listing #: 728219188
Broker Reference #: 000691

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Business Overview:

Casual Chinese restaurant with classic-style menu items operating for decades is available for acquisition. This business was originally established nearly four decades ago and was later acquired in 2014 by the current owner of the business. Most of the customers are employees of many businesses nearby and longtime regular African-American and Hispanic individuals that live in the surrounding densely populated residential neighborhoods and foot traffic from the nationwide grocery store that is placed next to the business. Net sales average was $45,000/year for past few years due to owner's minimal involvement and inconsistent business hours from operating another business. Currently, the business is only open for 4-5 hours/day for 5 days of the week. The sales have been more than double when operated in ordinary course without any marketing except word of mouth. Although there is no marketing at the current time, other proactive marketing methods are crucial to the further growth of this business in cash flow and acquisition of customers. Competition is very common for this business industry, but there is no competition within the immediate market area that has similar cuisine. There are many ways to proactively market this business such as direct mailing, discounts, daily specials, social media outlets, website, delivery service, and catering. Catering services and delivery services will be extremely beneficial to this business due to the density of the population within the area as well as the number of businesses that would utilize this service on a monthly basis. The business is currently using two third party delivery services, but not able to fully utilize the revenue due to inconsistent operating hours. This business serve classic Asian Fusion dishes that caters to Americans and the special sauce that has been passed down from the original owner keeps the customers coming despite only opening for limited hours. If the owner can operate the business with consistent hours and opening extra day of the week and open for breakfast, the sales can easily more than double. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.

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Property Features and Assets:

This business is placed in a 1,000 Square Feet retail strip center that is anchored by a nationwide grocery store and retailers that bring immense foot traffic to the area. All equipment is in impeccable condition and in working order. / Inventory: $300 (Included in listed price).

Market Competition and Expansion:

Competition: There are no competitors within the immediate market area of this business. / Growth and Expansion: Direct marketing and online marketing are needed to regain old and new customers. Full time owner involvement is crucial to stay open during regular business hours.

Reason for Selling:

Other Opportunities / Lack of time.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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