$120,000 NET Take-Out Chinese Restaurant

Glendale, AZ
Maricopa County

Asking Price: Annual Revenue:
$85,000 $204,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: $120,000 NET Take-Out Chinese Restaurant Broker: Mike Darmo
Owner Financing is Available!
$50,000 down and $35,000 balance over 2 years at 7%.

Quick Facts

Asking Price: $85,000
Annual Revenue: $204,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 181359836
Broker Reference #: Not Disclosed

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Business Overview:

If you are looking for an owner ran easy operation which has 90% take-out(Uber Eats, Grubhub, Door Dash, Etc.) with no need for wait staff and just needs an order taker and a cook or two then look no further. This restaurant has amazing hours at 5pm-12am Daily except Wednesday and has very low expenses. The lease is only $1,418 a month for a restaurant that is over 1,000 square feet. The restaurant has a two table dining area and almost all of its business is take-out so that is why the NET income is so high based on the gross revenue. The owner is the order taker and the cooks are family members, so yin you plan to run it yourself with family then the NET income will be the same, if not you have to account for payroll expenses. The seller is also offering amazing terms $50,000 down and $35,000 balance over 2 years at 7%. Hurry up these kind of deals don't last.

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Property Features and Assets:

1,000 square feet storefront in a strip center with exposure to a major road.

Market Competition and Expansion:

Tons of room for growth with more time and online marketing.

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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