Chinese Restaurant for Sale

Apple Valley, MN
Dakota County

Asking Price: Annual Revenue:
$99,950 $350,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Chinese Restaurant for Sale Broker: Scott Ruby

Quick Facts

Asking Price: $99,950
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 4
BBN Listing #: 95438096
Broker Reference #: 7594

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Business Overview:

This is your opportunity to purchase a high traffic Chinese Restaurant for Sale in the Southern Suburbs! This Chinese Restaurant for Sale has been successful for the last 12 years and the owners are ready to retire. The restaurant is located in a very busy shopping center with traffic counts at the intersection of 49,000 and 34,500 cars per day! We Sell Restaurants is presenting this Chinese Restaurant for Sale that offers dine in, take out and delivery within a 5 mile radius. This is a family owned business, that prides themselves on carefully selecting fresh ingredients to prepare every dish. They have established a cozy and inviting dining room where you can not only enjoy a great meal but also an authentic atmosphere. This 1150 square foot space is surrounded by other restaurants, retails shops, and residential areas. The lease for this 1150 square foot space is $5644 per month and includes all CAM charges. The lease is set to expire on October 2023, with one 5 year option to extend the current lease. This Chinese Restaurant for Sale has seating in the dining room for 24 people. The menu at this Chinese restaurant for sale consist of appetizers, soups, sides, and traditional Chinese main courses as well as chef specialties. They pride themselves on using the best ingredients available, offering large portions all at a reasonable price. The lunch business is brisk, and the online reviews are very good. This Chinese Restaurant for sale has a fully equipped commercial kitchen that is built for and handles high volume with no problems at all. There's a large reach in cooler and all other refrigeration is commercial grade. The equipment includes a range, a 2-chamber wok range, rice cookers, fryers, an ice machine, dishwasher, and much more. All recipes will transfer with the sale of the business and the owner offers a familiarization period in order to ensure a smooth transition. Acknowledge confidentiality to find out more details on this Chinese Restaurant for Sale. Scott Ruby is licensed under Red Key Realty. Call today 612-352-8718!

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Property Features and Assets:

Equipment Two 2 door cooler 2 door freezer 2 Fryers Beverage cooler Sandwiches cooler chinese burner range Prep and Work Table Meat grinder Tables and Chairs

Market Competition and Expansion:

Expanding the takeout and delivery options. Opening on Mondays may also help to increase revenue.

Reason for Selling:

New Career

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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