Chinese Restaurant

Houston, TX
Harris County

77080


Asking Price: Annual Revenue:
$150,000 $500,000

Food & Beverage: Catering, Food Preparation


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RE: Chinese Restaurant Broker: Rochelle

Quick Facts

Asking Price: $150,000
Annual Revenue: $500,000
Net Profit: $137,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 5
BBN Listing #: 606727819
Broker Reference #: 82361

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Business Overview:

This is a well established 4,300 square feet Chinese restaurant located in the Spring Branch area that seats approximately 150 people. They have two large buffet style tables serving a large variety of meats, vegetables, soups, salads, & desserts. Lunch accounts for approximately 75% of total sales, with dinner being 25%. Both lunch & dinner sales could improve by offering beer, wine, and perhaps mixed drinks. Approximately, 20% of the business is take out and delivery. They are located in a neighborhood strip center on a busy commercial and residential street with ample parking and good visibility. Owner will train as needed.

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Property Features and Assets:

The facility is located in a local strip shopping center on a busy street in Spring Branch.

Market Competition and Expansion:

Once you come in and meet with the broker in person, the broker will present you with a non disclosure agreement. Once you have signed the non disclosure agreement, then the information about the businesses competition and opportunities for expansion will be available.

Reason for Selling:

Plans to move out of Houston.

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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