7,764 SF Established Chinese Dim Sum Restaurant in Collin County

Plano, TX
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Asking Price:$349,000
Gross Revenue:$1,620,000
FF&E:$500,000
Cash Flow:$185,000
Rent:$16,469/Month
Established Year:1998
BUSINESS DESCRIPTION

• More than 25 year established Chinese dim sum restaurant business with potential for growth for sale
• Awarded #1 Chinese Dimsum Restaurant by Dallas News Best Location in DFW Metroplex
• Priced to sell at $349,000 plus rent deposit and inventory
• Opportunity to implement social marketing strategies to increase party bookings
• 7,764 SF space with 420 seats and two private rooms
• Strong customer base and potential for growth
• Owner willing to train new operator
• Monthly rent of $16,469 including NNN and trash
• Net operating income of approximately $15,000 per month
• Ideal for hosting weddings, birthdays, and business parties
• Great opportunity for a turnkey restaurant investment
• Excellent location surrounding by Asian grocery markets and has convenient access to HWY 75.


DETAILED INFORMATION
Location
Plano, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,764
Lease Expiration
31/01/2026
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The restaurant has two private rooms for wedding, birthday, or business parties. Low rent is at average $25 PSF including NNN and trash while rent at surrounding centers is charging more than $35 psf plus NNN.
Competition
There is no competition in the whole Collin county. The diversified market allows the new operator to modify menu or convert into different concept.
Growth & Expansion
There is opportunity for growth if the new operator knows how to utilize marketing strategies to book more parties. The surrounding area is growing.
Support & Training
Owner is willing to train and work part-time for a few months as needed.
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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Cameron Mai
Cameron Mai