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Turn Key Established Chinese Restaurant
Location: United States -> Virginia
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

An opportunity to own an only takeout ethnic restaurant with a profitable operation in a thriving community. The business has been operational in the same location and has established loyal customers.

This restaurant was established roughly 11 years ago. The current owner purchased this restaurant in 2010 and has exceptionally grown the revenue. COVID-19 has caused the monthly revenue to drop in 2020.

Business Highlights:
- 2017 Sales: $174,765
- 2018 Sales: $151,434
- 2019 Sales: $156,128
- Monthly Lease: $2,000

The business is priced to sell fast, and the owner is very motivated to accept a reasonable offer and is ready to hand over the business to a new and energetic entrepreneur who can take this business to the next level.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $156,128
Cash Flow:   $55,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $55,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Reason For Selling:  other interests

Photos

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Turn Key Established Chinese Restaurant Photo 1




Print Listing Id: 700359728
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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 > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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