Established Chinese Restaurant for Sale in Greatwood, Richmond, TX
Richmond, TX
| Asking Price: | $99,000 |
| Gross Revenue: | $325,000 |
| Rent: | $3,600/Month |
| Established Year: | 2005 |
| Cash Flow: | $60,000 |
| Inventory: | $2,000 |
| FF&E: | $50,000 |
Listing ID: 2276540Listing provided by BizBuySell
BUSINESS DESCRIPTION
Small & beautiful interior chinese restaurant in the residential and commercial area. still profitable business.
DETAILED INFORMATION
Location
Richmond, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
30/06/2025
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Approx 20 occupancy limit for dining. The business is mostly in togo & deliveries. Full kitchen equipments to run a Chinese restaurant are included.
Competition
The location is closed to hospitals and businesses, good for lunch sales. Dinner sales mostly to go and deliveries for residential neighborhood.
Growth & Expansion
Sales growth can be easily added by providing lunch deliveries, doordash and grubhub
Support & Training
2 weeks support & training available upon request. 1 senior cook will stay if Buyer prefers
Reason for Selling
Owner retired
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