Kiln MS Chinese Restaurant for Sale. 2,500 SF. Low Rent $1.2K

Description

Second-generation restaurant space for sale in Hancock County, Mississippi. The asking price is $84,999, and the location is already set up for food service with kitchen equipment, dining furniture and a low monthly lease.

Space

• Approximately 2,500 sq. ft.
• 38 seats
• Surface parking for about 15 vehicles
• Dine-in and takeout layout
• Space for large orders and delivery activity

Kitchen and equipment

• Grease trap
• Reach-in refrigeration
• Prep tables
• Three-compartment sink
• Hand sink
• Storage shelving
• POS system
• Tables, chairs and service stations
• Smallwares

The existing setup can be used for the current Chinese restaurant operation or adapted for another food concept. A buyer should confirm the exact equipment included in the sale and its condition.

Lease

• Rent: approximately $1,200 per month including CAM
• Current term runs through March 31, 2027
• Two additional five-year options are stated to be available

The lease has a relatively short remaining initial term, so buyers should review the renewal options, rent increases and assignment requirements with the landlord before closing.

Current hours

The restaurant currently operates Monday through Saturday from approximately 2:30 PM to 8:30 PM.

Lunch service, Sunday hours or later evening service are not currently part of the schedule.

Concept flexibility

The space may work for a range of restaurant concepts, including Asian, Indian, Latin or American food, subject to landlord approval and local permitting.

No alcohol is currently sold. A future operator could apply for the appropriate license if alcohol service fits the concept.

Staffing

The current operation has two employees. A hands-on owner could maintain a small team or add staff if hours, catering or delivery volume are expanded.

Possible growth

• Add lunch service
• Open on Sundays
• Extend evening hours
• Increase catering and large orders
• Add third-party delivery
• Introduce alcohol service if approved
• Rebrand the space for another restaurant concept

Buyer review

Buyers should verify current sales, equipment ownership, lease terms, utility costs, employee arrangements, food-service permits and any customer deposits or outstanding obligations.

The grease trap, kitchen ventilation, fire-suppression system and any alcohol or concept-change approvals should also be confirmed before taking over the location.