5030 6th Ave
Kenosha, WI 53140
Retail Property For Sale

The iconic Yee’s Oriental Inn hits the market for sale after 68 years in business. The 2nd generation owners wish to retire. The scratch made menu includes Szechuan, Mongolian and Cantonese delicacies. For sale is the business with furniture, fixtures and equipment. The sale includes 4 parcels of property; the restaurant building with 5 apartments at 5030 6th Ave., a house at 5107 7th Ave. a garage at 5111 7th Ave. and the parking lot on 51st St. and 7th Ave. The Covid shut down was devastating to many restaurants with business falling off sharply during 2020. However, after lifting the shut down orders, the Chinese menu boomed, initially with carry-out and later with dining in. Sales sunk in 2020 and increased 64% in 2021 and then increased another 43% in 2022. Throughout history no other business exemplifies carry-out like the quintessential Chinese pint and quart paper container. Between the advent of Door Dash, Uber Eats and Grubhub and Covid driving so many to carry-out and delivery has caused an explosion in these segments. With increased marketing efficiencies in the carry-out business, a new owner can increase direct order and reduce costs associated with delivery apps and continue double digit growth with minimal increase in staff and no burden to the dining room. Further, a savvy owner can leverage the popularity of Chinese food, dine in and carry-out by raising the historically low prices offered at this establishment.