Southern Ohio Chinese Restaurant with 30+ years of Success

Ohio
listing image
Asking Price:$125,000
Gross Revenue:$300,000
Rent:$2,800
Cash Flow:$47,926
Inventory:$500
FF&E:$5,000
BUSINESS DESCRIPTION

This Chinese restaurant is a staple of Southern Ohio, with a 30+ year record of profitability and many happy repeat customers.

The seller is looking to retire and pass the restaurant on to a new owner, but is open to remaining as an employee if desired, making the transition easy. The business is well run with very high margins.

The business is located in a standalone out building off a busy road, within one of the area’s main shopping centers, ensuring a steady supply of drive by customers.

Growth Opportunities:

The restaurant is only open five days per week. Opening a sixth day, or seven days a week present an immediate opportunity for a new owner to grow revenue.

Additionally, since COVID the business has operated as take out only. There is a plenty of space in the dining room if a new owner would like to add dine in.

The real estate related to this business is also available for purchase.


DETAILED INFORMATION
Location
Ohio
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: negotiable Facilities: Free standing restaurant in a busy shopping center on a busy street. Seller owns the real estate and is open to selling it. FF&E Overview: The restaurant is fully equipped and all FF&E is in working order. FF&E General Condition: Good
Support & Training
Number of Weeks Seller Will Offer Training: 3
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Jeff
Miller
Transworld Business Advisors of Southern Ohio
Jeff Miller