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Chinese Restaurant in Dallas (with over 50 Years)

Dallas, TX

Seller Financing Available

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Asking Price:$200,000
Gross Revenue:$450,000
Established Year:1975
Cash Flow:$120,000
Inventory:$10,000
Listing ID: 2226099Listing provided by BizBuySell
BUSINESS DESCRIPTION

This Chinese restaurant is a very old and traditional Restaurant and a large restaurant with a well -known reputation. This Restaurant is located right next of Hwy 635 and self-standing building 3000 Sq.ft building. Owner is currently do the cashier and doesn't know how to cook. Good Chef is working in the kitchen with long time. But if you are chef and know how to cook, you can make more money. If you are business person, there is also a spacious space on the second floor where you make party room. Rent money is reasonable which is $5,800 per month w/NNN. Bank loan is available with EZ loan or if you pay cash, can be negotiable.

DETAILED INFORMATION
Location
Dallas, TX
Inventory
Not Included in asking price
Employees
4
Competition
It is very famous and old Restaurant among the neighbors. New owner has to do is be kind and provide delicious food, and the business will be successful since the store is already well-known.
Growth & Expansion
The current owner is single person. What if the new owner is married couple, the women can take charge of the hall and man will take charge the kitchen, so they can generate more profits. 635 Hwy is under construction now closed exit. if finished road construction and re-open the 635 Hwy Exit, will bring more business absolutely.
Financing
EZ Loan available with 50% down program.(Good Tax Return) Also, seller will do the Se
Support & Training
At least 2 weeks or more training will provide.
Reason for Selling
Seller want to retire.
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Richard
Choi
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Richard Choi
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