Chinese Restaurant- Great Location- Mid-Michigan

Not Disclosed, MI
Montcalm County

Central Michigan Chinese Restaurant


Asking Price: Annual Revenue:
$395,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Chinese Restaurant- Great Location- Mid-Michigan Broker: Rob Anderson
License #: 6501395367
Owner Financing is Available!
Subject to credit approval

Quick Facts

Asking Price: $395,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 5
BBN Listing #: 630660403
Broker Reference #: 2019-15

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Business Overview:

Business Description

Well known Chinese restaurant located in a rural mid-Michigan community. This restaurant is well established and has a loyal customer base and is known for its quality of food and great atmosphere. The owners have updated the facility and have a state-of-the-art kitchen. The owners are looking for the right person to continue this amazing location and carry on the quality that they have enjoyed.

The present owners are willing to support and train the new owners!
This is a great opportunity! This business is profitable with low overhead!

Detailed Information

Asking Price: Accepting Offers! Asking $379,000.00
Gross Revenue: Call for Details!
Established: Operating for over 10 years!
Inventory: The Inventory varies based on business and catering requirements.
Real Estate: The real estate is owned by the present owners and included in the sales price.
Building SF: 2,500 square feet
Employees: 5+ full and part-time, very little turnover, a loyal employee base!
Facilities: Exceptional condition at all facilities and updated to meet all requirements.
Competition: Standard small-town bars and restaurants, no Chines in the area.
Growth & Expansion: Current owner is making many changes to improve business and sales. Addition of a liquor license would be a great addition.
Support & Training: Owners want to ensure success for the new owner and are willing to support and train the new owners.
Reason for Selling: pursue another opportunity out of the area.

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Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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.

Relevant Links:

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