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- RE: Vietnamese Restaurant For Sale
- Contact: Moon Kim
- License #: 567204
Quick Facts
Asking Price: | $299,000 | |
Annual Revenue: | $494,637 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $54,399 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 4 | |
BBN Listing #: | 980882 | |
Broker Reference #: | #001401 |
Business Overview:
Vietnamese restaurant for sale! A thriving Vietnamese restaurant established in 2016 is now available for sale in a popular central Dallas destination. Benefiting from substantial foot traffic and a loyal, diverse customer base, this restaurant offers a menu featuring Vietnamese cuisine along with a selection of popular Chinese, Thai, and Korean dishes. Sales are consistent at approximately $56,000 per month, despite the limited competition in the area, with only two or three direct competitors nearby.
During the COVID-19 pandemic, the owner invested in upgrading the restaurant with a full bar, which remains an untapped revenue stream due to the owner's focus on other businesses. Given the high demand for cocktails, beers, and wine in the area, fully operating the bar is expected to significantly boost revenues. The restaurant primarily relies on social media and word-of-mouth promotion, but there is considerable potential for growth through local marketing initiatives such as flyers, coupons, and direct mail, as well as enhanced engagement on social media platforms.
Financially, the restaurant is profitable, with the absentee owner currently earning $85,000 - $95,000 per year. A hands-on owner-operator could see an additional $40,000 per year plus tips. The cashier earns $50,000 per year plus tips, highlighting the lucrative nature of the business. This well-established restaurant represents a significant opportunity for a qualified buyer, particularly one interested in hands-on operation and leveraging the full bar. With an established presence and a diverse, affluent customer base, the potential for increased revenue through active marketing and bar operations is substantial.
Don’t miss out on this chance to own a profitable and well-established restaurant in a prime Dallas location! To learn more about this exciting opportunity, kindly submit a Buyer Registration (if not already completed) along with a signed Non-Disclosure Agreement (NDA) pertaining to this listing under V-AID.
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Property Features and Assets:
Situated in a prime central Dallas location, this restaurant is nestled in a vibrant hub of dining and entertainment. The area attracts young professionals and boasts substantial foot traffic, making it an ideal spot for a restaurant and bar. / Inventory: $5,000 (Included in listed price).
Market Competition and Expansion:
Competition: There is limited competition in the immediate area, only 2 or 3 direct competitors nearby. / Growth and Expansion: Given the high demand for cocktails, beers, and wine in the area, fully operating the bar is expected to significantly boost revenues.
Reason for Selling:
The owner is downsizing, spread too thin between other businesses.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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