Successful Vietnamese Pho Restaurant in Sugar Land - New Price

, Texas 8 views 0 favorites

Financial Highlights
Asking Price
$375,000
Revenue
$850,000
Business Description

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF# 76931-618603 Motivated Seller-Delicious established Vietnamese Pho Noodle restaurant. Located in a highly visible shopping center in desirable Sugar Land, TX. Staff of 11 (6 FT and 5 PT), Currently 40 seats, however, majority of sales are from take-out and delivery. This restaurant has strong growing revenues and is pandemic resistant with established take-out and delivery service. Estimated revenues for 2021 are $850,000. Seller Discretionary Earnings for 2021 are estimated at $200,000. Opened at current location in 2017. Customer trends and needs are closely monitored. First couple of years owners worked on site daily to form strong customer relationships. Now after five years in business it has paid off with strong customer loyalty, targeted marketing, and continued organic growth. Excellent potential to concentrate on corporate customers and catering. Nice suburban shopping center. Location: Fort Bend County, Texas Number of Employees: 11 Real Estate: Leased Building Sq. Ft.: 1,544 Rent: $3,304.00 Per Month Lease Expiration: 8/11/2026

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 15 hours ago

Views: 8

Favorites: 0