u/TheJellyBeanBandit

Check out my EBay

Check out my EBay

Selling mostly Quarter Century Bonanza and Stampede Singles, there are a few other odds and ends in there but mainly Yu-Gi-Oh. I collect for nostalgia and I recently have more time on my hands so I'm selling off duplicates and Cards that I do not need. Check it out. It also will fund my future itch to pull haha

You can find me on ebay user store: thegatchaguildtcg
we also have gatchatcg as a sister store.

u/TheJellyBeanBandit — 9 days ago

Chinese Restaurant For Sale in Walled Lake, Michigan. Boon Kai Chinese Restaurant

Asking Price is $20,000 or best offer.

Brief History:

I own a Chinese Restaurant that has been passed down to me by my aunt, who retired after her husband passed away. The restaurant has been a staple in the community for 30+years, est. 1989 by the original owners, which was passed to my Uncle in 2000. Sadly my uncle passed in 2019. I then helped my aunt run it until she retired in 2021, her children did not want to be there as it reminded them of their father. So I ended up inheriting it with one of my other cousins. We have been running it for the past 4-5years. Our Customer base spans back to all 3-decades, We have had customers who were babies and now are 20-30years of age.

My cousin and I were originally from CA, that is also the reason I have to give up the restaurant. There are various familial matters happening back home in CA, that I can no longer ignore and I have to legally be present for paperwork and other proceedings. I am just looking for someone to take the restaurant off of our hands because I do not want to pay dead rent.

The Numbers: Monthly

Rent is 3263 Until Dec. 31st, 2029
Utilities(averaged out):

Electric: 600
Water(90daycycles): 400
Gas: 400
Garbage: 100
-----------------------------
1500
Groceries/Inventory Monthly: 6k
----------------------------------------------

Rent: 3263
Overhead Minimum Monthly (Excluding Staff income) = 10,763

I exclude staff pay because their hourly pay can vary. but if I had to include my staff members were only working half shifts so 4hrs/day x 6days = 24hrs/wk = 144hrs x 2 members =
288hrs x 15/hr = $4320

Overhead WITH 2 Half-time Employees (4pm-8pm) = 15,083
-----------------------------------------------

Every since Covid (2020) we have not done dine, only Take-out and Delivery via Doordash and Grubhub. The restaurant is fully operation, so you can have dine-in immediately, which should bump revenue by about 15%-20%. My cousin and I kept it purely takeout and delivery because we were making good money with that alone.

Earnings:

We have 2 averages: Late Spring - End of Summer (Hotter Temps) it tends to slow a bit
Daily averages 600 - 1200 Weekdays
Weekends 800-1300

Early Fall - Spring
800 - 1800 Weekdays

Nov-Jan is the most highest earnings. weekends can reach 2.1k-2.3k in sales
We open on X-mas and New Years. X-mas eve and day 4k-6k alone.
New years about 3k-4k on Eve and Day of.

Monthly Earnings: Ranges from 29k - 41k

Most of the Appliances are brand new. We did a lot of upgrades 1-2yrs prior.

We are offering the restaurant as is, Besides rent, we own all appliances and cookware in the restaurant. This will be passed to you upon purchase.

Here is a list of most of the major items but not all:

1x 5-Wok Jet Burner Cook Station, or Hong Kong Style Stove

1x Double Deep Fryer

1x 4-Burner Stove With Oven

1x Vertical Commercial smoker/oven

1x Commercial 2 Door fridge

1x New Stainless Steel Undercounter Refrigerator 2-Doors

1x New Stainless Steel Undercounter Refirgerator 1-Door

Full Service 5 Panel 10-Slot HotFood Steam Table with Stainless steel counters on either side. With a hot food holding shelf above.

8x10 Walk in fridge with New Indoor Compressor (More expensive one, prevents being weathered from sitting outside)

New 2-Door Standing Freezer

1x Short Chest Freezer

1x Cube Commercial Chest Freezer

1x Long Large Chest Freezer

1x Old Soda machine 5 Dispenser

3x Hood Ventilation System (2x@3yrs Old 1x5yrs Old )

Seating Capacity is 60

Please Message me if you are interested, I also have posts on Craigslist, Ebay and Facebook Marketplace if you want to see photos or to contact me easier.

reddit.com
u/TheJellyBeanBandit — 12 days ago