Chinese Restaurant w/ Property

Reference Code 0488

This is a great opportunity to own a long-established Chinese Restaurant in Kalamazoo County. Established in 2001, this 90-seat restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All equipment is in great condition and maintained regularly. Full menu consists of lunch and dinner including gluten-free and diet friendly options all made with fresh ingredients. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering/deliveries, corporate accounts, utilizing the outdoor patio and bar, expanding hours, hosting parties, and bring back dine in, you have HUGE potential. Great location with major anchors in the immediate area and unlimited growth opportunities! Perfect for a husband/wife team or a starter restaurant. A must see/must have business that will not disappoint! Turn-key operation only needing a new owner/operator! Seller will train and entertain all reasonable offers!

Business Location Kalamazoo County, MI

Gross Sales $651,641 Cash Flow $276,650 Business Price $399,000 Down Payment $160,000 Monthly Payment $2,899.73 Interest Rate / Amortization 8% int., amortized over 120 months License Required Sales, Food, Class C Inventory Value $8,000 Employees Full Time 2 Employees Part Time 2 Date Established 2001 Hours of Operation Tue-Th 11a-9p / Fri 11a-9:30p / Sat 12p-9:30p / Sun 11:30a-9p Real Estate $599,000 with $240,000 down, 8% int., amortized over 120 months Reason for Sale Other Business Interest