Southern Ohio Chinese Restaurant
Not Disclosed, OH Not Disclosed
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- RE: Southern Ohio Chinese Restaurant
- Contact: Jeffrey Miller
Quick Facts
| Asking Price: | $125,000 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $47,926 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $5,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 3 | |
| BBN Listing #: | 936803 | |
| Broker Reference #: | 2072022-804886 |
Business Overview:
Southern Ohio Chinese Restaurant with 30+ years of Success
This Chinese restaurant is a staple of Southern Ohio, with a 30+ year record of profitability and many happy repeat customers.
The seller is looking to retire and pass the restaurant on to a new owner, but is open to remaining as an employee if desired, making the transition easy. The business is well run with very high margins.
The business is located in a standalone out building off a busy road, within one of the area’s main shopping centers, ensuring a steady supply of drive by customers.
Growth Opportunities:
The restaurant is only open five days per week. Opening a sixth day, or seven days a week present an immediate opportunity for a new owner to grow revenue.
Additionally, since COVID the business has operated as take out only. There is a plenty of space in the dining room if a new owner would like to add dine in.
The real estate related to this business is also available for purchase.
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Property Features and Assets:
Monthly Rent: $2,800.00
Square Units (Foot, Meter): 1,200
Terms Options: negotiable
Facilities: Free standing restaurant in a busy shopping center on a busy street. Seller owns the real estate and is open to selling it.
FF&E Overview: The restaurant is fully equipped and all FF&E is in working order.
FF&E General Condition: Good
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Ohio businesses for sale
- View more Businesses For Sale in the same industry
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