Chinese Restaurant For Sale in High Traffic Charlotte Area!

Charlotte, NC (Mecklenburg County)

We Sell Restaurants - North Carolina Restaurant Brokers
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Asking Price: $59,000

Cash Flow: $0

Gross Revenue: $240,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,914 /Month

Established: 2016

Chinese Restaurant For Sale in High Traffic Charlotte Area!

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Business Description

Chinese Restaurant with Take-Out and Delivery is ready for a new owner. If you are looking for a turnkey business then this for you. Seller is motivated and accepting all offers !! This Low Cost Opportunity will not last long.
This Chinese Restaurant is perfectly located and ready for growth. Situated in a very high densely populated area of Charlotte with plenty of traffic, business's, and entertainment. Why pay top dollar for a brand new restaurant when you can get in the door faster with an established restaurant such as this. Offering Dine-In, Take-Out, and Delivery this restaurant is growing with new customers daily! At a five mile radius there is a estimated population of 198,598 people and 78,539 households. To help with the lunch business there is 69,577 employees located within a 5 mile radius.
The rent is all in at $1915 per month including CAM within a nice size of 1100 square feet. Seating for 30 and a take-out area ready to expand its delivery business as well. Plenty of parking available for all of those Take-Out orders. With a 3 year lease term, there is another option available for an additional 3 years of term.
Not only is the dining room fully furnished with tables and chairs, but the kitchen is fully equipped and ready for a new owner to start going on day one. This full kitchen starts with a large walk in cooler, but also includes equipment such as Rice Warmers and Cookers, POS Register, Hood Systems, Deep Fryers, Grill, Ice Machine, and much more.
Open seven days a week this menu is simple but very popular with the locals. Featuring classic favorites such as Lo Mein, Beef, Seafood, and its most popular dish, Sesame Chicken. Menu and recipes all available to new owner or create your own menu and go!
This is an Asset Sale, so no books or records will be provided except for Sales. Sales are close to $250,000 per year and growing.
Bring your offers and vision your restaurant ownership starting sooner than you planned!

Detailed Information

Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
7/31/2021
Employees:
5
Facilities:
8 Dining Tables 30 Dining Chairs 1 Display Cooler 1 POS Register 2 Two Foot Steel Table 1 Trash Cabinet 1 Rice Cooker Electric 1 Rice Warmer 1 Six Foot Steel Table 1 Four Foot Steel Table Wall Shelves Standing Display Cooler 1 Two Foot Deli Table 1 Twelve Foot Hood 1 Six Foot Hood 2 Deep Fryers 1 Eight Foot Grill Misc Utensils 1 Rice Cooker Gas 1 Five Foot Steel Table with Sink 1 Three Compartment Sink 1 One Compartment Sink 6 x 6 Walk in Cooler 1 Two Door Freezer 1 Single Door Freezer 1 Single Door Cooler 1 Ice Bin 1 Ice Machine 1 Microwave 1 TV
Competition:
Charlotte has seen the job market increase by 3 5 over the last year Future job growth over the next ten years is predicted to be 42 5 which is higher than the US average of 38 0
Growth & Expansion:
Key business for expansion and growth Charlotte is the number 2 metro in the US for economic growth
Support & Training:
Training Available
Reason for Selling:
Other
Business Website:
http://https://www.wesellrestaurants.com
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Contact the Seller

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Justin Scotto

Business Listed By:
Justin Scotto

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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