Listing Number: 2072022-804886
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.
Listing Details
- Price: $ 125,000
- Down Payment: $125,000
- Sellers Discretionary Earnings: $ 47,926
- Total Sales: $ 300,000
- Location: Scioto County, Ohio
- Inventory: $ 500
- FF&E: $ 5,000
- Employees: 3
- Year Established: 30+
- Reason for Selling: Retirement
- Category: Restaurants
