Original Vietnamese Pho Restaurant - New Price

Not Disclosed, TX
Fort Bend County


Asking Price: Annual Revenue:
$175,000 $574,094

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Original Vietnamese Pho Restaurant - New Price Broker: Anthony Keane

Quick Facts

Asking Price: $175,000
Annual Revenue: $574,094
Net Profit: Not Disclosed
Cash Flow: $84,991
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 642044107
Broker Reference #: 76931-121737

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Business Overview:

Motivated Seller-Delicious established Vietnamese Noodle restaurant. Located in a highly visible shopping center in desirable Katy, TX. Staff of 10 (6 Full Time and 4 Part Time), Currently 58 seats, however, majority of sales are from take-out. This restaurant has strong growing revenues and is pandemic resistant with established take-out and delivery service. Estimated revenues for 2021 are $740,000. Seller Discretionary Earnings for 2021 are estimated at $88,000.

The sister location Sugar Land was established in 2017. This location opened at the end of 2018 under the same ownership. Because of the popularity in Sugar Land, this location was able to grow the customer base faster and with targeted customer marketing strategies. This created strong customer retention.

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Reason for Selling:

Personal

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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