Vegetarian Vietnamese Restaurant For Sale

Business description

This isn't your typical Vietnamese Restaurant. It is a very well known Vegetarian Vietnamese Restaurant which has found its niche in this market. There is little competition for this type of venue and the restaurant is extremely well reviewed on the internet which drives in more customers. A new owner can take advantage of all the hard work and reputation the current owners have built. This business is ready to be taken to the next level

Property information

Real Estate:

Lease

Lease terms:

The current lease is $4,200 a month and the Landlord is looking for well qualified buyers with good credit to assume the lease.

Location:

This is a larger restaurant for the area with plenty of seating and high exposure on a main arterial. The owners keep customers coming by keeping the place clean and well decorated to appeal to a vegetarian customer base

Other information

Expansion potential:

The restaurant is larger than most in the area and has a good seating capacity. Growing in the current location would be best suited for this business. Further down the road expansion to the Eastside could see good potential as currently Eastsider's have to drive to Seattle to enjoy the food.

Competition / Market:

There is little competition for vegetarian restaurants, specifically Vietnamese Restaurants. Business will continue to grow as the food and customer service is well reviewed. A new owner can build on this reputation and see profits continue to climb.

Support & training:

Negotiable

Reasons for selling:

The current owners do not have the energy to continue as the business grows.

Financing available:

Cash at Closing

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$500 (included in the asking price)