Great Location Vietnamese Pho Restaurant-New Price

Not Disclosed, TX
Fort Bend County


Asking Price: Annual Revenue:
$175,000 $872,405

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Great Location Vietnamese Pho Restaurant-New Price Broker: Anthony Keane

Quick Facts

Asking Price: $175,000
Annual Revenue: $872,405
Net Profit: Not Disclosed
Cash Flow: $67,600
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:

Delicious established Vietnamese Pho Noodle restaurant. Located in a highly visible shopping center in desirable Katy, TX. Staff of 10 (6 FT and 4 PT), 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. Revenues per 2021 tax return are $872,000. Seller Discretionary Earnings for 2021 per tax return are $68,000. (SDE would be $10,000 more without deferred rent from 2020).

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.

Relevant Links:

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