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Pho Restaurant (Good Demographic Area)

Duvall, Washington (King County)

Retail - Restaurants | Retail - Other Food Stores

Asking Price $65,000 Inventory $5,000** 
Gross Income $200,000 Real Estate  
Cash Flow $40,000 Year Established 2007
FF&E $50,000* Employees 2 owner - 1 PT

* included in the asking price

** not included in the asking price

Pho Saigon operates in a 2,300 square foot building with great visibility, excellent parking and high traffic count. The menu consists of Vietnamese food and Pho soups. The business is located on Main Street in the heart of downtown Duvall. Approximately 15 miles from downtown Seattle, Duvall is an up and coming suburb with good growth and local economy. Population increased approximately 20% since 2000. The business is opened 7 days a week for lunch and dinner and consists of 2 owner operators and one part time employee. The dining room seats 55 and can easily accommodate more. The kitchen is approximately 800 square feet and has a 12 class 1 hood. The line consists of saut , wok, fryer and grill. There is a separate scullery and prep area. The walk- in is approximately 150 square foot and there is also a 3 door freezer. This is an excellent opportunity for an owner operator or family business.

Facilities: The business is 2,300 sq ft with great visibilty and excellent parking. The base rent is $2,400, CAM $400, leaseable sq ft 2,280, 5 year lease with approximately 43 months remaining and a 1 - 5 year option.

Financing: Seller may consider small portion of financing for approved buyer

Support/Training: 80 hours

Reason Selling: Other interest

Business listed by

William J Castronova

360-551-9798


IBA


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