Business For Sale

Chinese Food Restaurant with Real Estate for Sa...

Northeast, LA


Asking Price: Annual Revenue:
$278,000 $101,285

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Chinese Food Restaurant with Real Estate for Sa... Broker: Ray Jennings
Owner Financing is Available!

Quick Facts

Asking Price: $278,000
Annual Revenue: $101,285
Net Profit: Not Disclosed
Cash Flow: $20,956
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 4
BBN Listing #: 588752211
Broker Reference #: BATONLA001-N3071

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Business Overview:

Sunbelt Business Brokers of Northeast Louisiana presents an opportunity to own a buffet style Chinese Food Restaurant that has been serving hungry customers for nearly 20 years. This business for sale includes the real estate which has an approximately 3,200 square foot building appropriately decorated for the restaurant. The land and building which will be included in the sale of this business is situated on one of the busiest highways in the community giving this location extraordinary traffic count. Plenty of parking is available for a new owner to expand operations. Inside there is seating for nearly 100 customers who enjoy the ease, timeliness, and flavors of a traditional Chinese Buffet restaurant. There is one direct competitor in the area but they do not have nearly as long of a history as this business. Four experienced employees keep the buffet full and clean while servicing the customers. This would make a great opportunity for someone with an existing and successful restaurant out of the are to expand in to this community. The current owner will provide training and transition necessary to continue operations. Retirement is the owner’s primary motivation in selling this long-standing business. The business is located in a relatively small community which certainly has its advantages and is less than an hour away from two larger metropolitan areas. There is plenty of affordable housing, many with large or average lots. Outdoor recreational opportunities abound. Many consider the area a sportsman’s paradise. The air is clear. The city is safe. The residents are warm and inviting. Owners have decided to sell to retire. Seller will help train new owner on this easy to own and operate business to make an easier transition for the new owners. Owners will consider some seller financing for a qualified buyer with a reasonable down payment. Come by and taste the great food today, meet the owners, make offer!

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Reason for Selling:

Retirement

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.

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