Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

FRESH Healthy Cafe Franchise Opportunity

Woodys Bar-B-Q Canada Franchise Opportunity

Brusters Real Ice Cream Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Profitable - Ethnic Buffet With Seller Financing
Location: United States -> Alabama
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Price Drop - 30 Yr. High Vol. / High Margin Buffet Style Rest.

Reputable Chinese Restaurant & Buffet with desirable location in major Gulf Coast City. Incredible following and repeat customers. Family owned and operated for past 30+ years in same location. Best lunch buffet in town. Restaurant is located on major road connecting airport and residential areas to I-65/I-10. Owner is seeking retirement, but will gladly assist buyer for seamless transition. Owner will assist buyer for up to one month (included in listing price) and up to 6 months for reasonable compensation as mutually agreed. Excellent business acquisition opportunity for a fast-paced, high volume, high quality family-run business.

Priced at 1X Seller's Annual Net Income (with only $250k down)! Consistent net cash flow of $300-400k per year, every year. How often can you find a business for sale where your entire payback period is less than 1 year??? Call us today as Seller is highly motivated to find buyer ASAP.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,288,981
Cash Flow:   $381,389
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $150,000
Seller Financing:  Yes

About The Business

Year Established:  2018
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  Retiring

Photos

View Larger Photo(s) Of Business
Profitable - Ethnic Buffet With Seller Financing Photo 1




Print Listing Id: 700327243
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Alabama Businesses For Sale > Alabama Franchises For Sale > Alabama Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700327243
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.