Excellent Chinese Restaurant In Town

Not Disclosed, TX
Fort Bend County

Asking Price: Annual Revenue:
$148,888 $565,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Excellent Chinese Restaurant In Town Broker: Tony Keane

Quick Facts

Asking Price: $148,888
Annual Revenue: $565,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 6
BBN Listing #: 578344107
Broker Reference #: 76931-444075

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Business Overview:

Delicious established Chinese and Sushi restaurant. Located in a highly visible shopping center in desirable Sugar Land, TX. Staff of 6 (4 Full Time and 2 Owners), Currently 47 seats plus take-out and delivery. This restaurant has strong growing revenues and is pandemic resistant with established take-out and delivery service. Revenues for 2021 are $564,900. Seller Discretionary Earnings for 2021 are estimated at $80,000. The restaurant has a beer and wine license and has shown profitability the past three years and 2022 is also looking positive with revenues expected to be $600,000 plus.

The restaurant has an online ordering service on their website. Menu includes a variety of both Chinese and Japanese dishes. Strong Google rating.

Opened at current location September 2018. Customer trends and needs monitored. Business is in a new shopping center with great street visibility. Has developed a strong neighborhood presence.

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Reason for Selling:

Other opportunity.

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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