Chinese Restaurant - Established
Location:
United States
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Louisiana
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New Orleans
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Very nice Chinese restaurant for sale has been established for over 30 years. It is a staple in the community in which it is located. Restaurant serves the delicious Chinese food its large base of loyal repeat customers has come to love. Restaurant has 3 video poker machines that contribute nicely to overall net income. A similar restaurant is for sale in the metro Lake Charles area. Restaurant is located on a very high traffic 4 lane highway that traverses the main part of town. Restaurant is in a very highly visible location in a commercial area where retail stores abound. Restaurant is located in metro New Orleans, a great place to live and raise a family. Business is a short drive to New Orleans, a major metropolitan city with all the amenities.
Seller has health issues and is very highly motivated to sell. Seller will train new owner on this very easy to own and operate business. Seller is open to substantial offers and will seriously consider and promptly respond to all reasonable offers. Seller will consider seller financing to a qualified buyer with a reasonable down payment. Come see this established Chinese restaurant, taste the delicious food, meet owner. We promise you will be so impressed you will want to make an offer. Contact us for more details.
Financials
Asking Price Range: < $250K
Gross Revenues:
$500,000
Cash Flow:
$60,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $100,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1979
Number of Employees: 20 - 34
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Available.
Reason For Selling: Health issues.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700102864
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