Prime location Vietnamese Restaurant

Dallas, TX (Dallas County)

Prime location Vietnamese Restaurant
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Asking Price: $199,000

Cash Flow: $100,000

Gross Revenue: $456,000


FF&E: $80,000

Inventory: $7,000

Established: 2016

Prime location Vietnamese Restaurant

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Business Description

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.

Listing ID #000906
For more info, please call Stephen Lee at 1-866-519-2421.

Detailed Information

Dallas, TX
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This business is located in a 1,235 SF space of a retail strip center that is placed next to a nationwide grocery chain and various retailers that are well-known throughout the US.
Few competitors are within the immediate market area, but this business is the only one in the area that is optimally placed next to a grocery chain and is one street away from a major highway.
Growth & Expansion:
There is no marketing currently in place. Proactive marketing is needed for this business to grow further and acquire new customers.
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide sufficient training to smoothly transition into the business operation.
Reason for Selling:
Other Opportunities/Family Reasons
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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