Opportunity. Asset Value. Brand-new Vietnamese Restaurant

Listing Number: 76931-291777

Description

Great opportunity to acquire a brand-new Vietnamese cuisine restaurant with growing sales located in a major road of a rapidly developing neighborhood in Katy, Texas, for less than equipment and build-out value. The restaurant opened in January 2019 and has a full kitchen staff which can operate independently of the owner. This well-decorated restaurant has a great taste in traditional Vietnamese style and has received excellent internet reviews for its delicate dishes which are prepared fresh daily. The furniture and equipment are valued at approx. $45,000, and leasehold improvements of approx. $230,000, for a total value of $275,000 in start-up costs. The restaurant is being offered at a discounted $250,000 as owners require a quick sale. Owners' are selling for family reasons and cannot continue to operate restaurant.

Listing Details

  • Price: $250,000
  • Down Payment: $250,000
  • Sellers Discretionary Earnings: $0
  • Total Sales: $300,000
  • Location: Fort Bend County, Texas

  • Inventory: $3,000
  • FF&E: $45,000
  • Employees: 6
  • Reason for Selling: Personal reasons
  • Category: Restaurants
Opportunity. Asset Value. Brand-new Vietnamese Restaurant

Business Listed By:

Pedro Palacios-Rhode