Authentic Chinese Food Restaurant & Bar

Not Disclosed, MN


Asking Price: Annual Revenue:
$1,250,000 $1,159,740

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Authentic Chinese Food Restaurant & Bar Broker: Shaun Jackson

Quick Facts

Asking Price: $1,250,000
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

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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