Broker Name:Moon Kim
Broker Email:info@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Fast Casual Asian Restaurant
(Restaurants)
Denton, Texas
Listed Price: $ 129,000
Listing ID: 000907

Listing DetailsDown Payment: $ 129,000
Gross Revenue: $ 436,121
Cash Flow: $ 51,427
FFE: $ 100,000 (Included in Price)
Inventory: $ 5,000
Reason for Sale:

Owner needs time to concentrate on new business (non-retail). He has no time to put more efforts, boosting the sale.


Training & Support:

Seller will train new owner in all aspects of the business for a smooth transition.


Listing SummaryBusiness Description:

This Asian restaurant is well-known for Vietnamese Authentic Cuisine with self service order. The restaurant opened in the week of Jan 27th, 2018 with beautiful modern décor, it has been well maintained and cleaned. This restaurant is popular in the area that filled with young, affluent families who love to eat Vietnamese and Asian on a regular basis. Offering a variety of all type Vietnam’s Pho, soups, grilled meat, along with Asian stir fired dishes, this quick service Asian restaurant is a great business opportunity and adventure.


Competition:

The concept is very unique than any competitors.


Potential Growth:

Add more delivery services, fundraiser events from churches, schools, little league teams, and birthday parties. A beer license would be a plus. A great potential if wanting to convert to Korean BBB, buffet, or any type of restaurant


Financing/Terms:

100% cash at Closing


LocationSquare Footage: 4556
Facilities:

Equipment was purchased brand new in Jan 2018. Prime location right on frontage main road with high traffic counts. Located in the hub of core market in this area close to national retailers, restaurant chains, and department stores.


OperationYear Established: 2018
Employees: 5FT/5PT
Absentee Owner: No