This award-winning restaurant is in the booming Houston market is ready for a new owner and is completely turnkey! Sales for 2023 are trending at $2MM gross earnings for an owner-operator of $180K SDE. The restaurant is a cornerstone in the Houston community. It has been recognized for its outstanding Asian cuisine known for its modern interpretation of classic dishes and its insistence on using only high-quality fresh ingredients.
Established in 2020 this restaurant for sale currently has 3 full-time and 21 part-time employees. This 2,000 square foot space has an all-in rent of $10,000 per month including CAMs and it is valid through March 2026 with an additional five-year option on the lease. Additionally, this location has been recently upgraded and is fully equipped as a turnkey operation.
With seating for fifty inside and plenty of parking outside this business is set up for success. Operating hours are daily from 11 am – 9 pm. This store comes turn-key and fully equipped, with walk-in freezer, prep tables, coolers, seats, tables, smallware, POS system, and much more. Plus, increasing catering orders mean increasing the current phenomenal sales.
The benefits of buying an existing award-winning modern Vietnamese cuisine restaurant for sale like this one includes support and training of a major brand. This includes 6-8 weeks of training directly from the creator chef itself, along with ongoing support for bar training. Training is included in the listing price.
- Asking Price:
- $450,000 Furniture / Fixtures included
- Sales Revenue:
- $2,659,561
- Cash Flow:
- $213,810
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $10,000.00
Square Units (Foot, Meter): 2,000
Lease Expiration Date: January 30, 2025, 10:00:00 PM
Terms Options: With renewal options
- Location:
-
Facilities: Free standing building with parking
Business Operation
- Reasons for selling:
-
New business focus
- Trading hours:
-
M-Th 5pm-9pm Friday 11am-10pm Sat 11am-10pm Sun 11am-9pm
- Employees:
- 24
- Years established:
- 2020
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 2
- Furniture / Fixtures value:
- $205,000 - included in the asking price