Chinese Restaurant

20324

Business Type
Asking Price
$125,000
Down Payment
$125,000
Gross Sales
$450,000
Net Income
$80,000
Score
67%
Status
Available
Details

Established Chinese restaurant looking for an experienced operator to continue building upon the success and reputation.
Located in Williamson County just next to Austin City, this restaurant has been popular since 2009.
It has stayed open during the Covid situation for takeout and deliver with a slight drop in sales; however, the payroll overheads have dropped too and has allowed the business to keep a healthy cash flow. 
Owner is retiring and looking for a quick transaction. The business has not taken any SBA PPP loans or other loans so there is no encumbrances on the business and it will be transferred free and clear to the new owner.
Prospective Buyer must have experience in operating a Chinese restaurant.