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- RE: Chinese Restaurant Established For 30 Years
- Contact: Sunil Z.
- License #: 616099
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $550,000 | |
| Net Profit: | $95,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $75,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 5 | |
| BBN Listing #: | 1015513 | |
| Broker Reference #: | 26310 |
Business Overview:
Established for 30 years this Chinese family has had only two owners. The current owner is now looking to sell and retire. This restaurant has a good reputation and good quality food and the new owner should be able to continue running the business without any interruption.
The chef will stay and the Seller will train the new owner for 2 weeks.
This business is turnkey and has everything needed to continue being profitable.
There is room to improve by doing marketing and staying open an extra day.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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