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- RE: Restaurant With Drive-Thru For Sale
- Contact: Kevin Chung
- License #: 567204
Quick Facts
Asking Price: | $75,000 | |
Annual Revenue: | $456,648 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 6 | |
BBN Listing #: | 987260 | |
Broker Reference #: | #001435 |
Business Overview:
*FREE STANDING SECOND GENERATION RESTAURANT WITH DRIVE-THRU AND PATIO FOR SALE!!*
Vietnamese restaurant for sale! A fast-casual Vietnamese fusion restaurant, established in 2018, offers a fantastic opportunity to acquire a growing and well regarded restaurant in an affluent Collin County suburb. Since its inception, the business has experienced impressive growth, with sales increasing from $247,000 in 2018 to $463,000 in 2023. The diverse menu includes popular Vietnamese-inspired dishes such as Banh Mi sandwiches, rice bowls, pho bowls, and a variety of specialty coffee beverages, catering to a broad range of tastes.
Located within Collin County, the restaurant benefits from a prime location surrounded by upscale residential neighborhoods, small businesses, and corporate offices. High visibility, easy access, and a large parking lot enhance its appeal. The facility boasts ample indoor seating along with a charming outdoor patio, making it an inviting space for diners. The interior features stylish granite countertops, and many of the restaurant¡¯s assets have been well-maintained or recently upgraded. Recent improvements include a new grill in 2023, a refrigerator in 2024, and a patio renovation in 2022, complete with new tables and benches. In addition, the restaurant installed new security cameras in 2022.
The restaurant¡¯s customer base consists primarily of upper-middle-income, middle-aged women with children. Despite some competition in the area, the restaurant sets itself apart through exceptional customer service, premium ingredients (including MSG-free, gluten-friendly, and vegan options), and an impeccably clean dining space. The menu is designed to be simple and streamlined, which allows for efficient food preparation and ease in training new staff.
Marketing efforts include a dedicated website, active social media engagement, and partnerships with third-party delivery platforms like DoorDash, UberEats, and Grubhub. The business also maintains a growing email list of over 4,000 customers and offers a loyalty program. Additionally, the restaurant is involved in the local community through charitable partnerships.
For a new owner, there are several growth opportunities. Expanding the menu, extending business hours, and offering catering services could further increase revenue. Transitioning from the current absentee ownership model to an owner-operator approach would allow for significant savings on labor costs. Moreover, the restaurant is strategically located across the street from a large Park and Recreation development, which is expected to become a major tourist attraction and drive additional foot traffic to the area upon completion.
The current owner, who operates the business on an absentee basis, dedicates approximately three hours per week to tasks such as ordering supplies, managing payroll, and scheduling employees. With plans to relocate out of state, the owner is seeking a qualified buyer to take over this thriving establishment.
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Property Features and Assets:
Located within Collin County, the restaurant benefits from a prime location surrounded by upscale residential neighborhoods, small businesses, and corporate offices. High visibility, easy access, and a large parking lot enhance its appeal. The facility boasts ample indoor seating along with a charming outdoor patio, making it an inviting space for diners. The interior features stylish granite countertops, and many of the restaurant¡¯s assets have been well-maintained or recently upgraded. Recent improvements include a new grill in 2023, a refrigerator in 2024, and a patio renovation in 2022, complete with new tables and benches. In addition, the restaurant installed new security cameras in 2022. / Inventory: Not Disclosed.
Market Competition and Expansion:
Competition: Some competition in the area, but the restaurant sets itself apart through exceptional customer service, premium ingredients (including MSG-free, gluten-friendly, and vegan options), and an impeccably clean dining space. Another advantage is that the menu is designed to be simple and streamlined, which allows for efficient food preparation and ease in training new staff. / Growth and Expansion: For a new owner, there are several growth opportunities. Expanding the menu, extending business hours, and offering catering services could further increase revenue. Transitioning from the current absentee ownership model to an owner-operator approach would allow for significant savings on labor costs. Moreover, the restaurant is strategically located across the street from a large Park and Recreation development, which is expected to become a major tourist attraction and drive additional foot traffic to the area upon completion.
Reason for Selling:
Relocating out of state.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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