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Very Profitable Asian Restaurant In Jax For Sale
Location: United States -> Florida -> Duval County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This Chinese restaurant is located in a very busy area of Jacksonville, FL. The restaurant offers traditional Chinese entrees such as Kung Pao & Sweet and Sour Chicken, Hunan & Mongolian Beef, etc. The current owner is willing to help the buyer through the transition process. This restaurant was established roughly 13 years ago. The current owner has grown the revenue every year up until last year. COVID-19 has caused the monthly revenue to drop somewhat. The revenue is poised to grow rapidly in Spring of 2021 as COVID-19 vaccine is administered to general population. The current owner is ready to retire and sell the business at a very low (pandemic adjusted) price and would like to handover this business to a new and energetic entrepreneur who can take this business to the next level. Please refer to listing number 7101-778136 and advisor Scott Spurlock when inquiring on this listing.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $240,000
Cash Flow:   $48,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $77,000
Seller Financing:  No

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train for 2 weeks at no cost.
Reason For Selling:  Retire




Print Listing Id: 700359509
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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 > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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