Small Scale Chinese Restaurant

Not Disclosed, TX
Tarrant County

West Dallas

Asking Price: Annual Revenue:
$52,000 $261,731

Food & Beverage: Miscellaneous

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RE: Small Scale Chinese Restaurant Broker: Stephen Lee

Quick Facts

Asking Price: $52,000
Annual Revenue: $261,731
Net Profit: Not Disclosed
Cash Flow: $40,153
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 2
BBN Listing #: 802119188
Broker Reference #: 000800

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Business Overview:

Well-established American Chinese restaurant that carries a variety of menu items in end-cap space of prime location is now available for acquisition. This business in a 1,575 Square Feet end-cap space of retail strip center is located next to an intersection with consistently heavy traffic and nearby densely populated residential area and small businesses that attract a number of people to the area. Overall demographics of the restaurant are mostly middle-class of a well mix of ethnic groups from nearby neighborhoods and local businesses. Few competitors are found in the immediate market area, but the business is optimally placed next to an intersection surrounded by many local retailers with heavy traffics and nearby densely populated residential area. This business provides an online ordering service with variety of menu items and delivery service is also provided within 4 miles through in-house delivery services. Gross sales have been consistent for the past couple years in the range of $245,000 to $270,000 per year without any marketing except for thru word of mouth. Although no marketing efforts is in place in the currently other than word of mouth, proactive marketing in various methods is crucial to the further growth of this business in overall cash flow and acquisition of new customers from untapped areas of the city. There are many ways to accelerate the continued growth of this business, first through proactive marketing such as direct mailing, social media outlets, flyers, daily specials and second by setting up 3rd party delivery services in the local area can boost the sales as well as reaching out to more customers within untapped areas of the business. Renovation and remodeling of the business are needed as the interior need more modernized look to attract new set of customers and to bring the facility up to code per city ordinance. Upgrading the current POS system will also help the business's operation flow much more smooth, allowing this business to enhance customer service and handling many more orders at one given time. 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 operations.

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Property Features and Assets:

This business is located in a 1,575 Square Feet retail end-cap space of retail strip center that is next to an intersection with consistently heavy traffic and retail businesses that attract people to the area. All equipment is in impeccable condition and in working order. / Inventory: $3,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business is located in prime location with great visibility and can easily allow access to the store for customers compared to other competitors. Growth and Expansion: Minimal marketing is done and proactive marketing methods are needed to fully utilize to achieve maximum income potential. This business is ideal for owner-operator who can be in charge of day to day operation and online and offline marketing of the business while keeping all books and records up-to-date.

Reason for Selling:

Family Relocation

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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