Chinese Restaurant

Not Disclosed, MI
Wayne County

Asking Price: Annual Revenue:
$125,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Chinese Restaurant Broker: Inquiry
Owner Financing is Available!
Seller financing is available with $65,000 down payment.

Quick Facts

Asking Price: $125,000
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: 1977
Employees: 6
BBN Listing #: 30482679
Broker Reference #: B2602

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Business Overview:

**Gross Sales were $48,000/month.

Price reduced. This restaurant is located in a nice downriver area in Wayne County. The plaza has a large parking area. The restaurant serves Chinese food carry-out, delivery and seating when allowed. It was renovated approximately 3 years ago. The current owner runs the restaurant with 3 family members and 3 part time employees. The food costs are around 25% of sales price with low rent so a new owner-operator can make a good profit running this business. They have delivery service through Doordash. There is a huge potential for this restaurant when full capacity returns as they have a large dining area that seat 80.

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Reason for Selling:

Other Business Interests.

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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