Sold
Iconic Denver Chinese Restaurant
Profitable and Well-Established Chinese Restaurant
This iconic Denver Chinese restaurant and lounge is the opportunity you've been waiting for!
The reputation, location, footprint, area, and abundant parking create great growth opportunities for savvy entrepreneurs!
You can grow by promoting the large bar/lounge, adding Dim sum, global fusion cuisine, etc. Existing restauranteurs and lounge owners, you get the idea!
Business Attributes:
* Award-winning, iconic restaurant - unsurpassed name recognition, reputation, and customer satisfaction
* In business for decades
* Location, location, close to light rail, and with ample, convenient parking and heavy traffic count
* Hotel and Restaurant Liquor License
* A large footprint with substantial room for patron growth
* Many repeat customers
* Strong sales and mix of in-person, carry-out, third-party delivery, and banquet sales
* Excellent, long-term lease
* Heavy population growth in the area
* Tremendous business growth opportunities (increase menu - Dim sum, fusion, etc., expand hours with evening lounge, newer POS system, advertising, etc.)
* Professional website
The reputation, location, footprint, area, and abundant parking create great growth opportunities for savvy entrepreneurs!
You can grow by promoting the large bar/lounge, adding Dim sum, global fusion cuisine, etc. Existing restauranteurs and lounge owners, you get the idea!
Business Attributes:
* Award-winning, iconic restaurant - unsurpassed name recognition, reputation, and customer satisfaction
* In business for decades
* Location, location, close to light rail, and with ample, convenient parking and heavy traffic count
* Hotel and Restaurant Liquor License
* A large footprint with substantial room for patron growth
* Many repeat customers
* Strong sales and mix of in-person, carry-out, third-party delivery, and banquet sales
* Excellent, long-term lease
* Heavy population growth in the area
* Tremendous business growth opportunities (increase menu - Dim sum, fusion, etc., expand hours with evening lounge, newer POS system, advertising, etc.)
* Professional website
Detailed Information
- Location: Denver, CO
- Inventory: Included in the asking price
- Real Estate: Leased
- Building SF: 7,000
- Employees: 10
- Furniture, Fixtures, & Equipment (FF&E): Included in the asking price
- Facilities: This incredible restaurant is professionally decorated and the ambiance is outstanding. The ice machine and dishwasher are leased, and they own the rest of the furniture, fixtures, and equipment.
- Competition: There is only one main competitor but this iconic business has been around the longest and the ambiance of the restaurant is unique.
- Support & Training: The Buyer will be given proper training and an orderly turnover to help ensure a smooth transition.
- Reason for Selling: Semi to full retirement, as the owner's children are grown up.
Listed By: Wayne Wright
Background information
Reason selling:
Semi to full retirement. The owner's children are grown up and it's time to wind down.
Finance
Sales:
Undisclosed
Profits:
Undisclosed
Profit type:
Undisclosed
Operations
Inventory:
Typically keep $40,000 on-hand
Premises
Facility:
This incredible restaurant is professionally decorated and the ambiance is outstanding. The ice machine and dishwasher are leased, and they own the rest of the furniture, fixtures, and equipment.
Price and terms
Price:
$645,000
Training:
The Buyer will be given proper training and an orderly turnover to help ensure a smooth transition.