Authentic Chinese Food Restaurant & Bar in Twin Cities Metro For Sale - 11504

Price
$1,250,000
Location
Category
Restaurant & Bar
Description

AVAILABLE! Authentic Chinese Food Bar & Restaurant in the Metro Twin Cities. Turn-key operation with year over year growth in profitability. Online ordering for Dine-in reservations, Take-out and Delivery. Location did extremely well during the pandemic crisis. 2022 will be the best year yet best on current projection of over $575k in cash flow. Great staff, owner spends most of the time remotely handling admin tasks such as payroll and inventory, approx. 15 – 20 hours a week. Business has been reviewed and is SBA pre-approved for a qualified buyer. Owner seeking to retire but will help with transition. 

Listing ID
11504
Value From Year
2022
Cash Flow
$575,882
Gross Sales
$1,159,740
Reason for Selling
Retiring
Value Of Real Estate Included
No
Value Of Equipment Included
Yes
Years Established
5
Full Time Employees
3
Part Time Employees
6

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