Price Reduced-Great Opportunity! Chinese Restaurant near HEB

, Texas 8 views 0 favorites

Financial Highlights
Asking Price
$275,000
Revenue
$800,000
Business Description

Just remodeled. Must See! Family owned Chinese restaurant in the HEB center near 183 and Mopac. Established since 1990. Great clientele, updated kitchen, greasy trap, AC, compressor, paint, ceiling and much more. Near Domain, Arboretum, Costco, Randall, HEB, and Sam's Club. Great rate in the HEB center ($11000 including NNN). Location: Austin, Texas Year Established: 1990 Number of Employees: 7 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 3,000 Rent: $8,250.00 Per Month Lease Expiration: 3/15/2023 Facilities: Established since 1990. About 3000 sq. ft. in the HEB center. Rent $11000 including NNN. Sale price is including furniture, appliances, inventory, recipes and 2 weeks training. Income about $800K is based on take-out only since the COVID. Website: www.twinlionchineserestaurant.com/ Market Outlook/ Competition: Income about $800K is based on take-out only since the COVID. It was a lot more before the COVID, and if the buyer open a dine-in, this restaurant will have a much higher income. Growth & Expansion: We only do take-out only as this time. If the buyer open a dine-in, this restaurant will have a much higher income.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 2 weeks ago

Views: 8

Favorites: 0