• Businesses for Sale
  • Services
    • Sell Your Business
    • Buy a Business
    • Business Valuation
    • Lending
  • Our Firm
    • About Capital
    • Why Capital
    • Our Team
    • Sold Businesses
  • Contact Us
logologo
Business For Sale

Chinese Restaurant

  • By Haroon Bhatti
  • October 29, 2018
  • 0 Comment
  • 783 Views
0Likes
  • Share
  • Tweet
LocationWayne CountyFile No C2602
Business Price$200,000Down Payment$120,000
Monthly Payment$2,397.67Interest Rate5%
Amortization Period36 monthsGross Sales$48,000/mo
SourceSellerCash FlowTBD
Inventory$ 2,000Days Open6
Year Acquired–Year Established1977
ParkingAmpleLicences RequiredSales Tax
Business HoursMon, Wed-Fri: 11 AM-9 PM, Sat-Sun: 12 PM-9 PMMonthly Rent$1,750/month gross + Property tax of $350/yr
Seat80
Profile:
This restaurant is located in a nice area in Wayne County. The plaza has a large parking area. The restaurant serves Chinese food and drinks. It was renovated 2-3 years ago. The current owner runs the restaurant with 3 family members and 3 part-time employees. The food costs are around 25% of the sales with low rent so a new owner-operator can make a good profit running this business. They have a delivery service through Doordash. The restaurant also has a class-C liquor license but the monthly sales do not include sales of drinks since there is no dine-in available. There is a huge potential for this restaurant when dine-in is available as they can sell drinks and they have a large dining area.

  • Share
  • Tweet

Related Posts

child-care-center-with-real-estate
Child Care Center with Real Estate
  • By Haroon Bhatti
  • -
  • Business For Sale
landscaping-&-snow-removal
Landscaping & Snow Removal
  • By Haroon Bhatti
  • -
  • Business For Sale
long-established-hair-salon
Long Established Hair Salon
  • By Haroon Bhatti
  • -
  • Business For Sale
PREVIOUS POST
image

Long Established Franchised Hair Salon

NEXT POST
image

Chinese Restaurant

For over 20 years, our team of experienced business brokers in Michigan has been helping small business owners achieve their dreams of successfully selling their companies.

  • Facebook
  • LinkedIn
  • About Capital
  • Why Capital
  • Our Team
  • Sold Businesses
  • Privacy Policy
  • Legal Disclaimer
  • Contact Us
  • Buy a Business
  • Businesses For Sale
  • Our Process
  • Sell Your Business
  • Career Opportunities
  • Business Valuation
  • Contact Us
  • Phone: (248) 855-6767
  • Email: inquiry@capitalbusinessbrokerage.biz
  • Fax No: (248) 855-2266
  • Address: 33533 W Twelve Mile Rd. Suite 101 Farmington Hills, MI 48331