Fast Chinese like Panda Express

Not Disclosed, TX
Collin County

North Dallas


Asking Price: Annual Revenue:
$40,000 Not Disclosed

Food & Beverage: Miscellaneous


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RE: Fast Chinese like Panda Express Broker: Kevin Chung
License #: 567204

Quick Facts

Asking Price: $40,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 2
BBN Listing #: 640719188
Broker Reference #: 001080

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Business Overview:

End-cap fully equipped fast-casual Chinese restaurant is now available for acquisition. This business was established by the current owner in 2019 as a taco joint but remodeled and rebranded to a current concept in April 2021. This business is placed in a 1,886 Square Feet space of a retail strip center anchored by a nationwide convenience store, which brings an immense amount of foot traffic. The business is conveniently located just off the major highway and is surrounded by many small businesses, corporate headquarters, hotels, medical centers, apartments, and single family homes. The current owner has spent approximately $10,000 on equipment and remodeling the facility in 2021 and is operating with a new concept. This business serves American Chinese cuisine, including variety of fried rice, Chow Mein, and popular chicken, seafood, and poultry dishes with fresh ingredients. This business has great potential as this area is still growing rapidly. The influx of new populations is increasing, and coupled with many new apartments and new corporate offices coming into the market. Targeted marketing to the residents in a new apartment complex will be a huge draw by utilizing door hangers, etc., since many new apartments are being built at this time. Focusing on acquiring corporate accounts for catering from nearby corporate offices and headquarters, medical offices, car dealerships, schools, churches, can also have an immediate effect on the overall sales. The next owner can continue to operate the existing business to grow the business further or convert to their own concept since all vital equipment is fully equipped. The business is looking for an energetic and creative entrepreneur who can take this business to the next level with the right concept that can better serve the demographics of the area.

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Property Features and Assets:

The restaurant occupies a 1,889 Square Feet end-cap space of a retail strip center anchored by a nationwide convenience store. The facility has been renovated and few new equipment has been purchased to operate the current concept. / Inventory: $500 (Included in listed price).

Market Competition and Expansion:

Competition: There are few competitors within the immediate market area, but the business has an excellent location, and the facilities and equipment are brand new. Growth and Expansion: Currently, no single marketing is in place for the business. The business needs a full scale of marketing, including online and offline marketing, to bring the sale up. Targeted marketing to the residents in a new apartment complex will be a huge draw by utilizing door hangers, flyers, etc. since many new apartments are being built at this time.

Reason for Selling:

Focus on other business.

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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