35 Year Chinese Restaurant in Busy Southcenter Location!

For Sale in SouthCenter, WA

Listing ID: 31681-599283 | Broker Listing ID:

Financial & Assets Details

Revenues: $499,946

Cash Flow: $71,852

Inventory Inc. in Price: Yes

Square Feet: 4300+/-

About the Business

Year Established: 2011

Employees: 4 F/T 3 P/T

Lease Amount: $13,000

Seller Financing: Yes

Business Description

Long standing Chinese restaurant on busy Southcenter Parkway, in business over 35 years! Competitive prices, good interior atmosphere with relaxing sounds of trickling water, ambiance of peaceful ponds with fish, and a full bar.

Sale includes all fixtures, furniture and equipment, brand, recipes, and turn-key income from day one! Located in busy, busy Southcenter just south of the mall, across from major shopping center, and on a busy street. Built in business with a major airline allows for extra income. Contract with the airline yields $4-$5k revenue boost per month. Seller financing available to qualified buyers with $100,000 down payment. No banks required!

Growth & Expansion

Online presence increased
Promotions and lunch specials
Focus on happy hour and bar attendance
Updated menu options

Seller Financing

Seller financing available for qualified buyers, terms to be negotiated based on buyer experience and financials.

Market Competition:

“For the first time on record in December, monthly sales at restaurants exceeded grocery store sales, according to data from the U.S. Census Bureau.”

“If you haven’t yet partnered with a delivery service, its time to do so, according to a recent report from market researcher company the NPD Group. If the group’s Delivery-A Growth Opportunity on the Horizon forecast is correct, off premise foodservice will continue to outpace overall restaurant industry traffic growth over the next decade.”

“… Asian in general is one of the fastest growing categories in the U.S., though it’s very fragmented”