Established Chinese Restaurant for Sale in Greatwood, Richmond, TX

Asking Price$99,000

Cash Flow
$60,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$325,000

Inventory$2,000
Included in asking price
FF&E$50,000
Included in asking price
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Established Chinese Restaurant for Sale in Greatwood, Richmond, TX


Asking Price$99,000

Cash Flow
$60,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$325,000

Inventory$2,000
Included in asking price
FF&E$50,000
Included in asking price
Business Description
Small & beautiful interior chinese restaurant in the residential and commercial area. still profitable business.
About the Business
Years in Operation
20
Number of Employees
4
Facilities & Assets
Approx 20 occupancy limit for dining. The business is mostly in togo & deliveries. Full kitchen equipments to run a Chinese restaurant are included.
Market Outlook / Competition
The location is closed to hospitals and businesses, good for lunch sales. Dinner sales mostly to go and deliveries for residential neighborhood.
Opportunities for Growth
Sales growth can be easily added by providing lunch deliveries, doordash and grubhub
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$3,600.00 per month
About the Sale
Seller Motivation
Owner retired
Transition Support
2 weeks support & training available upon request. 1 senior cook will stay if Buyer prefers
Listing Info
ID
2276540
Listing Views
1582

Contact Seller

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Business Listed by: Suzan Lin

Listing ID: 2276540 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.


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