Two Chinese Restaurants & Food Wholesaler for Sale

Calgary, AB
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Asking Price:$349,900
Gross Revenue:$1,114,000
FF&E:$300,000
Cash Flow:$133,000
Inventory:$10,000
Established Year:2002
BUSINESS DESCRIPTION

Introducing a remarkable opportunity within the thriving food industry - the company, a collective of two restaurants and the manufacturing business, all based in Alberta. Founded in 2002, this vertically integrated business boasts an impressive Google Review Rating of 4.5, serving over 3 million satisfied dine-in and take-out customers with its stellar, locally famous, and proprietary recipes. The business prides itself on a simplified yet diverse menu, which has a legacy dating back over 40 years. A model of efficiency with proven operating processes, a strong brand presence, and a solid foundation in retail and wholesale sales, the company represents a turnkey solution for potential buyers looking to enter or expand within the food industry. The offering includes comprehensive training and a potential for expansion, promising a smooth transition to new ownership.


DETAILED INFORMATION
Location
Calgary, AB
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,000
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The operational scope encompasses two restaurant establishments, with one location providing space for the wholesale food production operation. Restaurant A occupies an area of approximately 1500 square feet and is currently operating at full capacity. Restaurant B facility spans 2500 square feet, with approximately 30% of the space available for potential expansion. Both properties are leased and strategically situated to cater to the company's primary clientele, which consists of businesses located in industrial and commercial parks.
Support & Training
1 Week at no cost. Owner does not work in the business.
Reason for Selling
After over twenty years of prosperous operation and growth, the proprietor has m
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Steven
Fylypchuk
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Steven Fylypchuk