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Business For Sale

Vietnamese/Chinese Restaurant

Houston - Harris County, TX

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$135,000
$600,000
Not Disclosed
$123,320
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2005
10
23227819

Business Overview:

This is a Vietnamese & Chinese restaurant specializing in Pho, a soup served with rice noodles and beef or chicken, the national dish of Vietnam. Current mix business consist of lunch at 45%, dinner at 40% and take out at 15%. the business opened in 2005 and has a good high traffic location; however, the business is marginally profitable and the family members have decided to sell. This 3,200 sq. ft. restaurant cold be converted to most any type menu concept. It has a fully equipped kitchen and large dining room. Selling far below original cost to build.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Highly visible end cap location in a nearly full shopping center in the FM 1960 area. Inventory of $5,000 is included in the asking price. Down payment is $135,000.

Reason for Selling:

Insufficient earnings for family investors.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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