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Iconic Denver Chinese Restaurant


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

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.