Chinese Restaurant w/ RE (Pick-Up & Delivery)

Not Disclosed, WA
King County

Asking Price: Annual Revenue:
$2,400,000 $2,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Chinese Restaurant w/ RE (Pick-Up & Delivery) Broker: Oliver Kotelnikov
Owner Financing is Available!
The seller will finance a portion of the transaction for a qualified buyer.

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,275,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 459235781
Broker Reference #: CRRE2022

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Business Overview:

This business is an iconic high volume fast casual Asian restaurant. The establishment serves a densely populated residential and commercial core of a large metropolitan area and caters to a loyal multi-decade customer base. Known for tried-and-true staples of traditional Asian cuisine and widely recognized proprietary house specialties, the restaurant is a model of stability relying on its excellent market reputation, documented quality control protocols, efficiency of operations and robust repeat business to deliver predictable year over year sales and consistency of earnings to ownership. The business is well regarded and favorably reviewed in the public domain receiving multiple notable awards and accolades in recognition of culinary achievement and excellence in hospitality.

The restaurant thrived in the pandemic and remains value focused on its core customer demographic. Traditional lunch and dinner service are central to the business model with several ancillary profit centers including the popular take out and in-house delivery segments generating additional sales and diversifying the primary revenue profile. The business is sufficiently staffed in all key areas of operations including front of the house, kitchen, and administrative support. Ownership presently contributes approximately 1.5-2 full time equivalents to the labor of the business in the operational and executive oversight capacity.

The restaurant operates out of an approximately 2,000 square foot high visibility building on a prime lot of commercial real estate. The land and improvements are owned by the Seller and included in the sale.

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Additional Details:

  • The property is owned.
  • 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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