Business For Sale

Asian Restaurant with Full Bar and Patio

Not Disclosed, TX
Dallas County

Central Dallas

Asking Price: Annual Revenue:
$310,000 $1,107,692

Food & Beverage: Miscellaneous

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RE: Asian Restaurant with Full Bar and Patio Broker: Kevin Chung

Quick Facts

Asking Price: $310,000
Annual Revenue: $1,107,692
Net Profit: Not Disclosed
Cash Flow: $145,348
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 11
BBN Listing #: 278119188
Broker Reference #: 000434

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Business Overview:

Reputable traditional Vietnamese restaurant located in the heart of Dallas metroplex serving food in a modern and stylish dinner setting is available for acquisition. This business was originally established in 1999 by the current owner of the business and was later expanded 10 years ago to accommodate increased amount of customers. Although other Asian restaurants have come and went over the last several years, this Vietnamese restaurant was the first Asian restaurant established within the area that still operates to the current time without drastic decrease in sales. Most of the customers are high-income Caucasian individuals from the corporate building that are nearby this business as well as the heavily populated retail presence within this street brings immense traffic to the area. Net sales average was $95,000 - $100,000/month that has been consistent throughout the last 3 years of operation without any proactive marketing done. While some marketing is done through third-party delivery services and happy hour, other methods of proactive marketing needs to be done to increase profit margins as it would be cheaper to do delivery in-house and beneficial to use social networking sites to increase customer traffic. There are various methods to proactively market this business that range from direct mailing, in-house delivery service, additional alcoholic beverages, and new menu items for those health conscious customers, and using numerous types of social media outlets. Their menu also consists of a large selection in appetizers, salads, soups, rice dishes, noodle dishes, chicken entrees, seafood entrees, beef entrees, and an assortment of desserts. As a very well-known Vietnamese restaurant that has operated for almost two decades, a potential buyer that can proactively market this business as well as be fully committed is all this business needs to generate much more cash flow.

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Property Features and Assets:

This business is located in a 3,000 Square Feet freestanding building with patio surrounded by numerous retail businesses and many corporate buildings. There are various residential neighborhoods nearby that bring immense traffic to the area. All equipment is in good condition and in working order. / Inventory: $5,000 (Included in listed price).

Market Competition and Expansion:

Competition: Several competitors are within the immediate market area, but this was the first Asian restaurant nearby the heart of Dallas that has already established customers for over a decade. / Growth and Expansion: Some marketing has been done since establishment in 1999, but other forms of proactive marketing is needed to truly generate more revenue.

Reason for Selling:

Burned Out / Other Opportunities.

Additional Details:

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

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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