Vietnamese Restaurant for Sale in Central Dallas

Dallas County, TX
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Asking Price:$299,000
Gross Revenue:$494,637
FF&E:$50,000
Cash Flow:$54,399
Inventory:$5,000
Established Year:2016
BUSINESS DESCRIPTION

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.

Listing ID #001401


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Dallas County, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
Competition
There is limited competition in the immediate area, only 2 or 3 direct competitors nearby.
Growth & Expansion
Given the high demand for cocktails, beers, and wine in the area, fully operating the bar is expected to significantly boost revenues.
Financing
100% cash down or SBA financing with 20-30% cash down
Support & Training
The owner will provide training for a smooth transition.
Reason for Selling
The owner is downsizing, spread too thin between other businesses.
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