Turn Key Established Chinese Restaurant

Henrico, VA
Henrico County

Asking Price: Annual Revenue:
$60,000 $156,128

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Turn Key Established Chinese Restaurant Broker: Andy Shah

Quick Facts

Asking Price: $60,000
Annual Revenue: $156,128
Net Profit: Not Disclosed
Cash Flow: $55,000
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 691243891
Broker Reference #: 9525-319615

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Business Overview:

An opportunity to own an only takeout ethnic restaurant with a profitable operation in a thriving community. The business has been operational in the same location and has established loyal customers.

This restaurant was established roughly 11 years ago. The current owner purchased this restaurant in 2010 and has exceptionally grown the revenue. COVID-19 has caused the monthly revenue to drop in 2020.

Business Highlights:
• 2017 Sales: $174,765
• 2018 Sales: $151,434
• 2019 Sales: $156,128
• Monthly Lease: $2,000

The business is priced to sell fast, and the owner is very motivated to accept a reasonable offer and is ready to hand over the business to a new and energetic entrepreneur who can take this business to the next level.

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Reason for Selling:

Other interests.

Additional Details:

  • The property is leased.
  • The owner is not 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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