Chinese Restaurant for Sale Owner Benefit $271 000 Well-EstablishedChandler, AZ 85224

Property Details for Chinese Restaurant for Sale Owner Benefit $271 000 Well-Established

Year built

2006

Property size (Sq ft)

9,720 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional opportunity presents a well-established Chinese restaurant for sale in Chandler, Arizona. Boasting 9,720 square feet of space, this turnkey operation has thrived for 18 years, consistently generating nearly $2.5 million in annual sales and a substantial owner benefit. The restaurant features a fully equipped kitchen, ideal for dim sum or buffet service, and comfortably seats approximately 200 patrons. Currently operating under a lease expiring September 29, 2026, with a monthly rent of $28,500, the restaurant is situated in a high-traffic commercial district, benefiting from the daily flow of 45,000 vehicles. The business includes extensive equipment, detailed in a comprehensive list available during due diligence, encompassing everything from woks and steamers to refrigeration, dining furniture, and point-of-sale systems. The current owner is retiring, presenting a unique chance for a buyer to step into a profitable, established business within a vibrant Asian business community. The restaurant employs 38 people and is SBA lending qualified, allowing for purchase with as little as 20% down payment and good credit. This is a rare opportunity to acquire a thriving restaurant in a rapidly growing market. The building was constructed in 2006 and includes a functional hood system. Inventory is not included in the asking price of $899,000.

Location Insight

City

Chandler

County

Maricopa

State

Arizona

Latitude

33.326

Longitude

-111.875

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