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Listed by:

Atlanta Business Brokers LLC

Long Standing Buford Hwy Chinese And Sushi Buffet For Sale

Georgia
Asking Price:
$565,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,160,000 (USD)
Cash Flow:
$261,533 (USD)

This Chinese buffet restaurant has been operating for over 10 years with steady income and sales and hardly any competition. Located in one of the busiest parts of Buford HWY, outside the busiest ethnic mall in Georgia, which provides a stream of steady dinners. The current owner originally established the business and has run it successfully since. It is time for them to spend more time with their family, so we are actively looking for the right person to continue this wonderfully established restaurant. Semi-Absentee owner with adequate staff and management that will provide a piece of mind for the next owner. The location is very desirable and accessible, serving hundreds of guests every day with staff that is committed to great service and knows the regular customers by name.

Front of the house features a large hot and cold buffet with many stations, Hibachi station, Sushi cases and a newly built ice cream section for made to order rolled up ice crème and fresh juices.

Sales average $180,000 a month with the seller taking $20,000 to $30,000 a month in profits and there is more room to make even more money for an owner-operator by saving a couple of percentages from food cost.

Fully equipped commercial kitchen featuring a long hood, 11 Wok stations, char-broilers, fryers, ranges, ice machines, walk-in cooler and freezer and much more.

Good lease in place and landlord will assign to the right purchaser, $22,000 a month that include all the extras.

Chinese food is rapidly growing in popularity in the US. In 2010 alone, there was a 20% rise in Chinese-style food choices compared to that of the previous. Quick-service, full-range franchises like P.F. Chang’s and Panda Express are meeting the market with Pan-Asian and Chinese-American cuisine options. A successful Chinese restaurant for sale may include banquet services or a buffet option once or twice a week. Both are popular and profitable for a stand-alone establishment. Offering inexpensively prepared food at a set price sends the profit margin soaring. Many of these restaurants across the country are providing authentic Chinese food – and lots of it – at prices consumers love.

Proof of funds and signed nda must be received prior to disclosing any further information. This is an operating business; please refrain from speaking to staff or management. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us to discover the difference that is.

Property information

Real Estate:

Lease

Location:

10,000 sqft with a large kitchen, private room that seats close to 100 persons and another 100 in the main dining room. The location is the very desirable and accessible, being outside one of the busiest malls in Atlanta, with thousands of shoppers walking by every single day, 7 days a week.

Size in square feet:
10,000

Business Operation

Expansion Potential:

The current owners are in the middle of making some changes to the dining room and adding some upgrades which should help bring the sales higher. new owners can focus on advertising and social media presence.

Competition / Market:

There is no competition as the Landlord will not allow another Chinese concept in this development.

Reasons for selling:

Other interest.

Employees:
20
Years established:
2008

Other Information

Support & training:

Seller and manager will train for up to 2 weeks

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price

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