Home / Propertie / Highly Motivated, Profitable Chinese Restaurant for Sale In Duluth!
$125,000

Highly Motivated, Profitable Chinese Restaurant for Sale In Duluth!

A 1st class Chinese restaurant in Duluth that has been in business for over 34 years and has a loyal client base that has been cultivated
over the last decades. Located in a hyper-busy shopping center with major tenants such as LA fitness, Kroger, Subway and so much more.

This restaurant has been and still the “go to” restaurant for corporate meetings, family gatherings and the area’s best Chinese cuisine.

With great attention to detail, the owner has provided for himself and his family, a very comfortable living for a very long time. Now ready to retire, he is interested in passing his baby on to a like-minded new owner.

The owner manages the restaurant operation, and the kitchen has a chef that’s been there for years and willing to stay with the new owners. Long term lease in place with the gross monthly rent of $5,557 for this 2,200 sf.

At a Cashflow of over $120,000, the price of $175,000 is a steal.

This business is being marketed with the utmost confidentiality and a signed non-disclosure agreement (NDA) and proof of funds are required in order to discuss additional details as there are tenured employees who have been part of the team for a long time.

Asking Price: $125,000
Gross Revenue: $573,962
SDE: $120,000
Inventory: $2,500
FF&E: $120,000