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Established Chinese Restaurant

Riverdale, IL
Front and Side of Restaurant

Seller Financing Available

Front and Side of Restaurant
Asking Price:$65,000
FF&E:$40,000
Gross Revenue:$300,000
Real Estate:$70,000
Listing ID: 1600577Listing provided by BizBuySell
BUSINESS DESCRIPTION

Stable Family Owned Business

Stable family-owned Chinese restaurant. Good location and little competition on the main street with abundant parking.

Great growth potential by adding delivery and catering services, video gaming, and popular beverage varieties (both alcohol and non-alcohol) will greatly enhance business growth. The same family has owned it for 40-plus years and now the owners are retiring.

Interested buyers can purchase the business only or with the building as a package. Terms are flexible.

DETAILED INFORMATION
Location
Riverdale, IL
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
1,500
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
In additon to the main building, there are 2 separate facilities. One houses the walk-in cooler and the other is for inventory storage.
Competition
There is only another Chinese carry out place within a 2 mile radius. So the business is great for growth and expansion.
Growth & Expansion
Adding delivery, catering services, beverage varieties and video gaming will greatly enhance the business growth. With growth and expansion requires more resources to support.
Financing
Owner financing can be arranged when real estate is included in the sale.
Reason for Selling
Owners are retiring after 40 plus years of operation.
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