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Listing ID: 2916371

Popular Tex-Mex Restaurant in Beautiful CHENGDU, China with Two Locations For Sale

61 TangBa, Chengdu, Sichuan, China

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CN¥ 4,400,000

Cash Flow: CN¥ 600,000

Business Description

We are a three year old, foreign owned, profitable restaurant in sunny Chengdu. Specializing in delicious fast-casual style Tex-Mex, and operating out of two locations. Both locations have been recently renovated for a fresh look, as well as a complete Brand Identity overhaul.

This is an unbeatable opportunity for anyone currently or considering relocating to Chengdu. We are offering a profitable, turn-key business with massive growth potential. As well as a high level of support for the first year of transfer in all aspects of the business.


Additonal Details:

Hours of operation: 7:30 - 24:00
Number of Employees: 25

Interested parties please enquire through email for more information.

Property Details

Size:

110 SQM total between two locations (not including patios)

Years Established:

2015

Property Type:

Lease

FF&E:

CN¥ 210,000

Inventory Value:

CN¥ 70,000

Other Details

Business Location:

First location is located in the center of the city, on a busy walking street (Tang Ba Street). Right between the most luxury Shopping district (TaiGuLi) and the most popular club district (LanKuaiFang). Consists of two storefronts 70SQM in size with a large patio. Second location is in the south of the city in an older wealthy neighborhood with a large foreigner population. Surrounded by other Western Food establishments and a stone's throw from Chengdu's rapidly growing High - Tech district (GaoXinQu). 40 SQM in size, not including a small patio.

Premise Details:

Fully developed and tested training manuals and systems in both Chinese and English. Supplier introduction and contract transfer. Contacts for legal transfer of business for foreigners or Chinese. Guidance for dealing with local government.

Competition:

One of few Western Restaurants in the city, and we are one of two specializing in Tex-Mex.

Expansion Potential:

We have a well developed and recognizable brand within the city. HUGE potential for expansion across China and Asia in general.

Operation Details

Employees:

25

Miscellaneous

Financing Available:

Yes

Reason For Selling:

Relocating due to personal reasons

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