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Established Chinese Restaurant
Location: United States -> Texas -> Dallas County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Prime location in Northwest Dallas fast food Chinese restaurant with some Asian fusion menu items is available for acquisition. This business was originally established over a decade ago in 2006 and later relocated to a more optimal location in 2013 by the current owner of the business. Most of the customers are Caucasian individuals that live in the surrounding densely populated residential neighborhoods and many locals that order take-out on the way back home while passing the traffic heavy intersection. Net sales average was $50K a month that has been consistent over the last several years. Although some marketing is utilized though direct mailing, other proactive marketing methods needs to be used within the local area if this business is to continue growing and thrive in the immediate market area. Competition is expected for this type of business as the industry is very common, but thankfully the competitor within the local area has a completely different menu setup that provides cuisine from an alternate Asian country. There are many ways this business proactively markets within the local area by delivery service and some marketing done online that can all be better utilized if the marketing is more consistent than the current fluctuating marketing. Expanding the menu options to a wider selection of Asian cuisines will assist in bringing in a new set of customers that live in the surrounding area and cities adjacent from this location. 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.
For more info, please call Moon Kim at 1-866-519-2421.

Asking: $275,000
Furniture, Fixtures & Equipment: $100,000 (Included in listed price)
Inventory: $4,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Facilities: This business is located in a 1,600...


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $529,302
Cash Flow:   $133,733
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2006
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason For Selling:  Burned Out / Health Issue




Print Listing Id: 700349203
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