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#6480
Stockton Restaurants For Sale

Profitable Asian Restaurant

$159,000
Available
Profitable Asian Restaurant



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Profitable Asian Restaurant in the Stockton Area

FOR SALE: Profitable Chinese Restaurant - Stockton Area Landmark

Opportunity Awaits: Own a beloved Chinese restaurant with a loyal customer base and proven success in the Stockton community. This well-established eatery boasts consistently good reviews, strong cash flow, and a reputation for delicious, authentic Chinese cuisine.

Key Selling Points:

  • Long-Time Favorite: This restaurant has been a Stockton staple for years (specify if possible), building a devoted following.
  • Excellent Reputation: Positive online reviews and word-of-mouth recommendations drive consistent business.
  • Profitable Venture: Enjoy healthy cash flow, making this ideal for an owner-operator or family to take over and reap the rewards.
  • Community Connection: Well-integrated within the Stockton community, ensuring continued support.
  • Turnkey Operation: The restaurant is fully equipped and ready for a seamless transition.

Additional Considerations:

  • Location: high-traffic street, shopping center
  • Menu: Mandarin, vegetarian 
  • Potential for Growth: Mention takeout/delivery options, catering potential, or expanding hours.

Ideal Buyer: This restaurant is perfect for:

  • Experienced Restaurateurs: Seeking a proven business model with built-in clientele.
  • Owner-Operators: Ready to take the reins and personally manage a successful establishment.
  • Families: Looking for a business to run together and build upon its legacy.

Sales: 2023 $592K

Lease: 7,757.68 for 2,400 sqft. 

Owner Cash flow 170K  2023 P&L...labor adjustment may be necessary for a new owner depending on specific buyers' objectives, experience, and potential to replace existing ownership labor contribution.

Don't miss this chance to own a piece of Stockton's dining scene! Buyers will need to fill out a simple 1-page buyer profile to show proof of funds for detailed financials or to schedule a tour.

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Stockton Restaurants For Sale
Lease Term:
Expires 11/30/2024
Total Monthly Rent:
$7,758

Financials

Last Year's Annual Gross:
$592,674
Last Year's Owner's Cash Flow:
$118,280
Last Year's Food Cost %:
25
Last Year's Payroll Cost %:
13
Last Year's Rent %:
14.9
EBITDA:
$170,675

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Family Employees:
1
# of Working Owners:
2
Hours Open:
Mon- Sunday 11:00 am - 9:30 pm ; Tues. closed
Year Established:
1999
Hood System Type 1:
Yes

Facilities

Indoor Seating:
77
Inside Sq. Ft.:
2,400

Highlights

  • Long Time Favorite Asian Cuisine
  • Great cash flow for an owner operator couple
  • Training
  • Great Reviews

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 41,043 82,129 131,187
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 12,381 23,561 41,151
2010 Persons Per Household 3.13 3.28 3.02
Median House Value $193,400 $159,330 $160,471
Income Per Household $72,430 $57,128 $49,508
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 279 643 1,876
2012 Number Of Employees 7,124 19,522 57,846
2012 Total Annual Payroll $90,835,000 $350,005,000 $842,200,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.

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