Business For Sale

Delivery & Take-out Chinese Restaurant

Not Disclosed, TX
Tarrant County


Asking Price: Annual Revenue:
$89,000 $441,442

Food & Beverage: Miscellaneous

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RE: Delivery & Take-out Chinese Restaurant Broker: Moon Kim

Quick Facts

Asking Price: $89,000
Annual Revenue: $441,442
Net Profit: Not Disclosed
Cash Flow: $75,344
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 11
BBN Listing #: 504519188
Broker Reference #: 000655

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Business Overview:

Quick-service gourmet Chinese restaurant with fresh ingredients and delivery service is available for acquisition. This business was originally established two decades ago in 1998 and was later acquired couple years ago in 2014. Most of the customers are Caucasian individuals and families that are known to live in the apartment complexes as well as the densely populated residential neighborhoods. Net sales average is $390,000/year that has been consistent throughout the last 3-4 years with slight increase for the current 2018 year with only delivery service as marketing. Although delivery service has brought an ample amount of increase in sales, other proactive marketing methods needs to be fully utilized to generate more cash flow and acquire new customers from the untapped areas within the city. Competition can be expected due to this type of business being common, but many competitors within the area use a buffet-style concept that provides a wide array of mediocre food compared to this business that is cooked-to-order made with fresh quality ingredients. There are many ways to proactively market this business such as direct mailing, coupons, door hangers, 3rd party delivery service, social media outlet, online ordering function and full-time owner involvement. Directly mailing coupons will be the best way to proactively market in this area as there are many residential areas that utilize delivery service on a weekly basis and the population of the city is growing as well. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 1,397 Square Feet retail strip center that is surrounded by many apartment complexes and neighborhoods that consistently ordering delivery. All equipment is in impeccable condition and in working order. / Inventory: $1,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few indirect competitors are within the immediate market area, but the competitors are buffet-style restaurants that can't compare to the cooked-to-order service that allows for fresher and more quality ingredients. / Growth and Expansion: Some marketing is in place through delivery services, but other proactive marketing methods needs to be utilized to continually grow the business.

Reason for Selling:

Other Opportunities.

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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