Chinese Restaurant in Mesa County, Colorado for Sale

Chinese Restaurant in Mesa County, Colorado for Sale

Chinese Restaurant in Mesa County, Colorado for Sale

Chinese Restaurant in Mesa County, Colorado for Sale

Chinese Restaurant in Mesa County, Colorado for Sale

Price: $600,000

Location: Grand Junction

Industry: Full-Service Restaurants

Listing ID: 72357975
DESCRIPTION

This Business is listed by Michael Philipp of Sunbelt Business Brokers. This restaurant is conveniently located near modern hotels and recreation areas. Visitors and local residents enjoy world class mountain biking, walking trails, nearby mountains, camping, and hiking trails, all within easy reach. The Business benefits from exceptionally high customer ratings and a loyal local following, as well as a burgeoning visitor clientele. This well established American/Chinese restaurant has been operating for over 18 years, and is financially sound together with accelerating profits year after year

LISTING DETAILS
Total Sales:

Seller’s Discretionary Earnings (SDE): $250,000

FFE: $200,000

Reason For Sale:

Seller to retire from the restaurant industry.

Training & Support:

Seller agrees to provide training for four weeks at ten hours per week following close of escrow. Seller will be paid $13.00 per hour. The seller will then provide consultation by phone, text, and email for an additional four weeks.

OPERATION
Year Established: 2003
Employees: 9

LOCATION

Square Footage: 4300

Facilities Information:

This restaurant occupies a free-standing 4,300 sq ft building, utilizing just over 3,500 sq ft, and has ample parking. The building was constructed in 2007, and is situated in a growing business district. The real estate is available for purchase separately, if agreed upon by both parties. Additionally, seller financing of real estate will be considered on a case by case basis.

SUMMARY

Competition:

Due to its unique location, there is no competition for this type of food within a reasonable driving distance. The restaurant is so well established, it was able to increase gross revenue in 2020 in comparison to 2019. The customer ratings are very high; averaging 4.7 out of 5 based on well over 500 Google reviews.

Potential Growth:

There is unused space and the opportunity to expand the food offerings. Additionally, investments into web technology would allow for direct, on-line ordering, and delivery services.

Chinese Restaurant in Mesa County, Colorado for Sale

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Annette Filecci

Phone:
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