Chinese/Asian Restaurant with Bar & Banquet!

Not Disclosed, MI
Oakland County

Asking Price: Annual Revenue:
$175,000 $941,146

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Chinese/Asian Restaurant with Bar & Banquet! Broker: Gregory Edgecomb
Owner Financing is Available!
Owner financing available with $75,000 down.

Quick Facts

Asking Price: $175,000
Annual Revenue: $941,146
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 4
BBN Listing #: 64232679
Broker Reference #: B2571

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Business Overview:

Sales included catering of approximately 20% which is not included in the sale. The restaurant is located in a good plaza in Farmington Hills. The plaza has a large parking area. The restaurant has a spacious kitchen with various equipment and can serve Chinese food, Japanese Sushi and bar food. Kitchen equipment, tables and chairs are provided by landlord. The floor was remolded in 2nd half of 2019. It is well decorated with Chinese style paintings, poems, etc. It also has a large party room with space to have 200-300 people, which is good for year-end activities and parties.

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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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