| Asking Price |
$249,000 | Inventory |
$3000* |
|---|---|---|---|
| Gross Income |
$312,000 | Real Estate |
|
| Cash Flow |
$70,000 | Year Established | 2005 |
| FF&E |
$120,000* | Employees | 7 |
* included in the asking price
** not included in the asking price
Nice & clean Vietnamese full scale restaurant opportunity! Beautiful interior, kitchen, and storage facilities. Business is very clean and has a great floor plan for easy access to dining room, kitchen, office and storage areas. The restaurant has the "corner" position/location in the center! Seating capacity is for 70 people. The average lunch ticket is approximately $15.00 per person, and the average dinner ticket is approximately $23.00 per person. Seller says that they don't do any marketing whatsoever. Business comes from repeat customers and referral/word of mouth business. Seller does minimal catering, but believes that the business could be substantially increased with additional marketing and expansion of the catering side of the restaurant. Delivery is another area for expansion, according to the Seller. Restaurant currently has a beer & wine (county) license in place that could possibly be expanded to a supper club license with five slots! Dishwasher is leased at approximately $100.00 per month, which Buyer must assume. Seller wants all offers and an immediate closing!!!
Facilities: Leased location of 2,223 square feet with a total rent of $5,668. Seller is active in business with 3 full time employees and 4 part time employees. $300,000 Leasehold Improvements.
Financing: Present All Offers
Support/Training: 2 weeks
Reason Selling: Retirement & Going Back to School

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