Turnkey Award Winning Modern Vietnamese Restaurant

Harris County, TX
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Asking Price:$450,000
Gross Revenue:$2,659,561
FF&E:$205,000
Cash Flow:$213,810
Rent:$10,000
Established Year:2020
BUSINESS DESCRIPTION

High-Traffic Location with Proven Profitability and Growing Sales

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-426503


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.


DETAILED INFORMATION
Location
Harris County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
30/01/2025
Employees
24
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: With renewal options Facilities: Free standing building with parking
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
New business focus
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Caroline
Yuki
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Caroline Yuki