Established Chinese Buffet - For Sale
Asking Price: | $60,000 |
Gross Revenue: | $258,911 |
Rent: | $3,817.8/Month |
Established Year: | 1994 |
Cash Flow: | $63,000 |
Inventory: | $20,000 |
FF&E: | $10,000 |
30 Year Restaurant Ready for New Owners
Business for Sale: Great Wall Buffet – Established 30-Year Restaurant with Proven Success
Overview
Great Wall Buffet is a well-established and popular buffet restaurant that has been serving its community for over 30 years. Known for its quality cuisine, spacious dining environment, and loyal customer base, this turnkey business is ready for new ownership. Located in a high-traffic area, the restaurant offers tremendous potential for continued success and growth.
Key Features:
Turnkey Operation: Fully equipped kitchen and dining area included in the sale. Equipment consists of:
4 commercial oil cookers
Walk-in refrigerator and freezer
2 cold buffet bars and 2 hot buffet bars
Seating capacity for 150 guests with all tables and chairs included.
Upgraded Infrastructure: The business has four HVAC units, two of which are brand new, ensuring a comfortable atmosphere for diners year-round.
Proven Financials: The restaurant has consistently generated an average of $240,000 in annual revenue before expenses over the past three years, demonstrating steady demand and profitability.
Established Reputation: With three decades of operation, Great Wall Buffet has built a strong and loyal customer base, offering the new owner a solid foundation for continued success.
Growth Opportunities
While the business is already thriving, a new owner can capitalize on several growth strategies, such as:
Expanding advertising and digital presence (social media, delivery apps)
Introducing catering services or online ordering for takeout
Adding new menu options or themed dining nights to attract broader audiences
Assets Included
All kitchen equipment and dining furniture
Walk-in fridge and freezer
4 HVAC units (2 new)
Complete buffet setup (2 hot and 2 cold bars)
Reason for Sale
After 30 successful years of ownership, the current owner is looking to retire and pass on this business to an enthusiastic new operator.
Ideal Buyer
This opportunity is perfect for an entrepreneur or restaurant operator looking for a well-established, turnkey business with significant potential for future growth.
BUSINESS LOCATION