Chinese Restaurant in Austin area never closed

Cedar Park, TX
Williamson County

Thriving Chinese Restaurant near Austin


Asking Price: Annual Revenue:
$125,000 $450,000

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Chinese Restaurant in Austin area never closed Broker: Sunil Z. Verma
License #: 616099
Owner Financing is Available!
Possible

Quick Facts

Asking Price: $125,000
Annual Revenue: $450,000
Net Profit: $80,000
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 4
BBN Listing #: 844944926
Broker Reference #: 20324

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Established Chinese restaurant looking for an experienced operator to continue building upon the success and reputation.
Located in Williamson County just next to Austin City, this restaurant has been popular since 2009.
It has stayed open during the Covid situation for takeout and deliver with a slight drop in sales; however, the payroll overheads have dropped too and has allowed the business to keep a healthy cash flow.
Owner is retiring and looking for a quick transaction. The business has not taken any SBA PPP loans or other loans so there is no encumbrances on the business and it will be transferred free and clear to the new owner.
Prospective Buyer must have experience in operating a Chinese restaurant.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Complete build-out and equipment.

Market Competition and Expansion:

Established, word or mouth and great reviews.

Reason for Selling:

Retirement

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!