Popular Chinese Restaurant in Southwest Houston

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$180,000 $1,219,739

Food & Beverage: Restaurants, Fast Food, Deli

Request More Information
Contact the Seller

RE: Popular Chinese Restaurant in Southwest Houston Broker: Austin Zhao

Quick Facts

Asking Price: $180,000
Annual Revenue: $1,219,739
Net Profit: Not Disclosed
Cash Flow: $156,241
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 13
BBN Listing #: 130844107
Broker Reference #: 76931-218060

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

Well-known and profitable Chinese restaurant for sale in Southwest Houston located in a major strip center on a major highway. The restaurant of 4,400 square feet is professionally designed to seat 210 patrons comfortably.
This full-service dining restaurant offers authentic Chinese Cuisine including fresh seafood and Dim Sum. The restaurant has been profitable since it first established in 2002. The revenue of whole year of 2021 was $1,219,739.27 with $156,241.22 of Seller’s Discretionary Earnings (SDE).
The restaurant manager (key employee) has been with the restaurant for more than 6 years. Stable business with a stable employee team and stable customer base.
Current owner has to sell the restaurant to focus on other business ventures. This rare sale is perfect for any buyer looking to acquire a top performing restaurant which has healthy financial and survive through the pandemics.
A previous owner used this restaurant to get his green card successfully years ago. The restaurant can be used for immigration purpose if the buyer has this kind of needs (please consult with your attorney for qualifications).
Note: This is an authentic Chinese restaurant. Over 80% of the customers are local Chinese, and most of the employees only speak Mandarin. Therefore, buyers who can speak Mandarin would be much easier to run the business.

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:

Restaurant was first established in 2002 and has been successfully operating since inception. The current owner took over the business in June 2019 when the previous foreign owner failed to renew her E-2 visa. After acquiring the restaurant, the current owner revitalized the operations, improved both the quality and services, and expanded customer base through various marketing initiatives. Year 2021 is projected to be a good year with the recovery in sight and thus, making this a good opportunity for any buyer looking to acquire a top performing restaurant.

Market Competition and Expansion:

*Turnkey operation for owner, minimal work requires (encouraging employees) *Well-known brand name in the communities, less competitors in the area. *Very good location in a high income communities, easy access from a major highway. *Stable team, experienced employees, low employee turnover. Most of the staff have worked for more than 4 years in the restaurant. The key employee, the restaurant manager has worked here for more than 6 years. *Stable customer base, most of them are Asian. *Reliable vendors which have worked with the restaurants for many years *All need is doing more marketing to gain more customers and make more profit. Has hug potential. The restaurant has a very strong brand-name within the community and has been around for a long time. Customer base are huge and loyal. The new owner will need to maintain the brand-name by occasionally doing a short burst of advertisement to remind the community of its existence. One area that he/she can look into is to freshen up the menu periodically. Offering new items or seasonal items and marketing it over the various existing platform will allow this restaurant to compete with new establishments.

Reason for Selling:

Other venture.

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!