Chinese Rest # 12 Nets 175,000 Absentee #11232

Asking Price$199,000

Cash Flow

EBITDA$175,000

Gross Revenue$500,000

Inventory$3,000
Not included in asking price
FF&E$150,000
Included in asking price
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Chinese Rest # 12 Nets 175,000 Absentee #11232


Asking Price$199,000

Cash Flow

EBITDA$175,000

Gross Revenue$500,000

Inventory$3,000
Not included in asking price
FF&E$150,000
Included in asking price
Business Description
Chinese Rest # 12 Nets 175,000 Absentee #11232
Imagine owning a thriving Chinese restaurant that practically runs itself while you enjoy the freedom of absentee ownership. This established Phoenix gem has earned recognition as the Best Chinese Restaurant in the area, building a loyal customer base that keeps coming back for authentic flavors and exceptional service.

You'll love the complete turnkey operation that's been perfected over years of successful operation. The current owner manages everything from California, proving this business truly operates independently with a skilled team in place. With a full bar and coveted #12 liquor license, you're positioned to maximize revenue streams beyond just food service.

The numbers speak for themselves - this restaurant nets $175,000 annually with absentee management. Just imagine what an owner-operator could achieve with hands-on involvement and fresh ideas. You'd have the foundation of a proven concept with room to grow.

The location in Phoenix provides access to a diverse customer base hungry for quality Chinese cuisine. Your investment includes established vendor relationships, trained staff, and operational systems that have been refined through consistent profitability.

Whether you're looking for passive income or want to take an active role in operations, this opportunity offers flexibility. You could maintain the successful absentee model or step in personally to potentially increase profits even further.

This isn't just buying a restaurant - you're acquiring a established brand with community recognition, proven systems, and immediate cash flow. The groundwork is done; you just need to step in and continue the success story.
About the Business
Years in Operation
26
Employees
5 (3 Full-time, 2 Part-time)
Facilities & Assets
This stunning restaurant features elegant decor and is perfectly situated in a bustling shopping center, ensuring a high volume of foot traffic. With a devoted clientele and top-notch kitchen equipment, including a reliable Ansul system, this establishment is a prime investment opportunity. located in a busy shopping center, tons of foot traffic, very loyal client base, excellent kitchen hood and ansul
Market Outlook / Competition
Discover this fantastic upscale area, renowned for its exceptional quality of food and drink that promises to delight your senses. very well known for quality food and drink.
Opportunities for Growth
The owner is based in California, but an on-site operator could truly take this gem to new heights with effective social media marketing.
Real Estate
Owned or Leased
Leased
Rent
$4,900.00 per month
Lease Expiration
12/31/2031
About the Sale
Seller Motivation
Other Interest
Transition Support
We delivered an in-depth training program that helped participants gain the skills and knowledge provided.
Listing Info
ID
2490219
Listing Views
34

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Business Listed by: Ubi Business Brokers UBI Business Brokers

Listing ID: 2490219 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.