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Prime Location Vietnamese Restaurant
Location: United States -> Texas -> Dallas County
Industry: Franchises > Food and Beverages




Business Summary

Prime location Vietnamese Noodle Soup Restaurant serving Boba tea is available for acquisition. This business was originally established couple years ago in 2016 by the current owner of the business. Most of the customers are middle-class families and individuals that live in the surrounding densely populated residential neighborhoods as well as customers for the nationwide grocery chain that often drive by this business. Gross sales average is $38,000/month that has shown a trend of consistent growth since the inception of the business without any marketing done other than word of mouth. Competition can be expected for this type of business, but this business is the only one that is next to such a well-known grocery chain and is placed next to a major highway that connects all roads of the city. Although no marketing is in place, other proactive marketing methods are the key factor to growing this business to its maximum income capacity and acquire new customers from the untapped areas within the city. There are many ways to proactively market this business such as direct mailing, daily specials, business website, social media outlets, student discounts, delivery service, 3rd party delivery service and expanding the menu items. Expanding the menu will help add more variety to their business and will synergize with online ordering services available after creating their own website. This business is perfect for any potential buyer to proactively market this business while operating the business on a day-to-day basis.
For more info, please call Stephen Lee at 1-866-519-2421.

Asking: $179,000
Furniture, Fixtures & Equipment: $80,000 (Included in listed price)
Inventory: $7,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Facilities: This business is located in a 1,235 SF space of a retail strip center that is placed next to a nationwide grocery chai...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $456,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2016
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner of the business will provide sufficient training to smoothly transition into the business operation.
Reason For Selling:  Other Opportunities/Family Reasons




Print Listing Id: 700341930
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Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

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