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  • RE:  A Local Favorite – Chinese Restaurant
  • Contact:  Austin Zhao

Quick Facts

Asking Price: $125,000
Annual Revenue: $536,863
Net Profit: Not Disclosed
Cash Flow: $88,959
Total Debt: Not Disclosed
FF&E: $25,745
Real Estate: Not Disclosed
Year Established: 2012
Employees: 7
BBN Listing #: 992949
Broker Reference #: 76931-401047

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Business Overview:

        Located at its original site since opening in 2014, this beloved Chinese restaurant has served the Friendswood neighborhoods for 11 years. A premier destination for favorite Chinese dishes, the restaurant offers both traditional and innovative options in a warm, inviting atmosphere complemented by attentive service.

In 2024, the restaurant generated $536,864 in revenue with $88,959 in Seller’s Discretionary Earnings (SDE). Backed by an excellent reputation, a loyal customer base built over more than a decade, a prime location near new developments, a popular menu, and a dedicated team, this business offers strong potential for continued success and future growth.

This is a family-owned business, acquired by the current owners in 2014. The restaurant currently employs seven staff members in addition to the owner, who will depart following the transition of ownership and completion of training for the new owner. After years of dedication to the restaurant, the current owner plans to retire and is offering the business for $125,000. The price includes Furniture, Fixtures, Equipment (FF&E), Leasehold Improvements, and Inventory.

This is a rare opportunity for prospective buyers to acquire a well-established and highly regarded Chinese restaurant in a convenient commercial and residential area with an easily accessible location.

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Property Features and Assets:

The restaurant first opened in the Friendswood neighborhood in 2012 at a convenient location within a busy strip center surrounded by both commercial and residential areas. The current owner acquired it in 2014. Since then, the business has grown and remained stable. For the past 11 years, both its name and location have stayed the same. It has become a premier destination for Chinese food in the area, offering a wide variety of menu options that showcase the rich flavors and traditions of Chinese cooking, from timeless classics to innovative dishes.

The location is ideal for employees from nearby businesses, local residents, and those looking for casual dining or a place to gather.

After many years of dedication to the restaurant industry, the current owner is preparing to retire and has decided to offer the business for sale.

Market Competition and Expansion:

• Established in 2014 with 11 years of continuous operation under the same owner at the same location; a well-known name in the area
• Excellent reputation with a loyal customer base
• Prime location next to Kroger in a thriving strip center
• Surrounded by new developments, including a community hospital, apartments, and shops
• Experienced, stable team requiring minimal supervision
• Extensive menu featuring consistently high-quality, fresh food at reasonable prices
• Warm, clean, welcoming environment appreciated by both business professionals and local residents
• Fast, reliable delivery service valued by customers
• Sale price includes Furniture, Fixtures, Equipment (FF&E), Leasehold Improvements, and Inventory valued at over $46,000

This business has strong growth potential due to its prime location next to Kroger in a busy strip center surrounded by businesses and residential neighborhoods, its long-established reputation, loyal customer base, and extensive menu featuring popular dishes. Maintaining a customer-focused approach and continuing to provide fresh food with professional, attentive service will help strengthen customer retention.

Additionally, a new ten-acre development near the restaurant, including a community hospital, apartments, and a shopping center, presents a promising opportunity to attract more customers and expand revenue in the near future.

To date, the business has not implemented any marketing strategies. A targeted marketing campaign aimed at nearby businesses and residents, such as promoting catering services for events, could significantly boost sales. Expanding the restaurant’s presence on social media, especially to engage younger audiences and promote online ordering, would also be highly beneficial.

Several of the restaurant’s most popular items, including egg rolls, General Tso’s chicken, fried rice, noodles, beef with broccoli, crab Rangoon, Kung Pao chicken, Mongolian beef, soups, and sweet and sour chicken, present opportunities for further revenue growth through focused promotion or menu enhancements.

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

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