Seller's Contact Information
- RE: Authentic Chinese Food Restaurant & Bar
- Contact: Shaun Jackson
Quick Facts
Asking Price: | $1,050,000 | |
Annual Revenue: | $1,159,740 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $575,882 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 9 | |
BBN Listing #: | 633028483 | |
Broker Reference #: | 11504 SJ |
Business Overview:
AVAILABLE! Authentic Chinese Food Restaurant & Bar in the Metro Twin Cities. Turn-key operation with year over year growth in profitability. Online ordering for Dine-in reservations, Take-out and Delivery. Location did extremely well during the pandemic crisis. 2022 will be the best year yet best on current projection of over $575,000 in cash flow. Great staff, owner spends most of the time remotely handling admin tasks such as payroll and inventory, approx. 15 – 20 hours a week. Business has been reviewed and is SBA pre-approved for a qualified buyer. Owner seeking to retire but will help with transition. For more info please contact Shaun Jackson.
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Reason for Selling:
Retiring
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
Documents:
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