Business For Sale

Established Profitable Chinese Restaurant

Durham, NC
Durham County

Asking Price: Annual Revenue:
$120,000 $516,396

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Profitable Chinese Restaurant Broker: George Bradbury

Quick Facts

Asking Price: $120,000
Annual Revenue: $516,396
Net Profit: $53,652
Cash Flow: $53,652
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 30
Employees: 10
BBN Listing #: 71936351
Broker Reference #: CHINAREST1

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Business Overview:

This is a full service Chinese restaurant and it’s best known for its modern interpretation of classic oriental dishes and its insistence on only using high quality fresh ingredients. It offers exceptional quality and tasty Chinese cuisine in which drives business evenly through dine-in, pick-up and delivery. It becomes an iconic restaurant in the area with even very little marketing and advertising. It is an exceptional acquisition opportunity. This Chinese restaurant has been at the same location for over 30 years. Current owner has been running this business for 7 years.

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Property Features and Assets:

The business occupies 3,099 square feet in a strip center on a busy highway near many office buildings. A very large office building is being constructed within 1/4 mile of the restaurant.

Market Competition and Expansion:

There are 2 other full service Chinese restaurants in a 3 miles radius. Opportunities for growth exist to increase delivery service. The business could be increased substantially by opening on Sunday. Very little advertising has been done in the last 3 years.

Reason for Selling:

Owners Retiring.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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