Casual Pho, Banh-Mi Restaurant in Medical Center (est. 2018)
Houston, TX
| Asking Price: | $200,000 |
| Gross Revenue: | $460,000 |
| FF&E: | $40,000 |
| Cash Flow: | $10,500 |
| Rent: | $4,700/Month |
| Established Year: | 2018 |
Listing ID: 2289382Listing provided by BizBuySell
BUSINESS DESCRIPTION
Check-out this local lunchtime and dinner favorite
Well established local Vietnamese restaurant located in the Medical Center on Kirby Drive. Location is within walking distance of NRG Park and attracts regular patrons from the Medical Center, Rice Village and West U.
Increase the average check value by expanding the menu and marketing to med center clientele.
FULLY equipped: Sale includes all equipment, furnishings, and furniture ensuring a seamless transition for the new owner. The kitchen has top of the line equipment. FF&E estimated at $40K.
Two years remaining on lease, approx. 1400 SF, $4,700 monthly rent. Four employees, open 6 days a week.
DETAILED INFORMATION
Location
Houston, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
30/09/2026
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Sale includes all equipment, furnishings, and furniture ensuring a seamless transition for the new owner. The kitchen has top of the line equipment. FF&E estimated at $40K.
Competition
Increase the average check value by expanding the menu and marketing to med center clientele.
Growth & Expansion
N/A
Financing
No financing offered.
Support & Training
Seller is willing to stay on and work with the new owner to ensure a smooth hand off. This includes the recipes for the menu items. Additionally, the kitchen staff is already trained to produce the menu items.
Reason for Selling
Owner is relocating away from Houston.
BUSINESS LOCATION
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