Vietnamese Restaurant with B & W in HB's prime location - High Income

, California 14 views 0 favorites

Financial Highlights
Asking Price
$375,000
Revenue
$571,000
Business Description

This 3000 Sq. Ft. restaurant located in the prime location of Huntington Beach (borderline Fountain Valley) offers a turn key of Vietnamese Fusion Cuisine with Beer and Wine license with the addition of a well known and established Franchise Boba operation within the business but operated independently. The sales include both businesses. Beer & Wine License & Franchise license for the Boba operation. Sale includes the restaurant and newly installed well-known Franchise Boba tea shop. Restaurant is equipped with full kitchen equipment includes: 22 ft. grease hood, walk-in cooler & walk in freezer, high production ice machine, POS system, new 100 gal. water filtration system, and many more. Total of 8 big screen TVs in restaurant. Franchise Boba operation includes 2 tea brewing machines, 1 espresso machine w/ grinder, powder dispenser, syrup dispenser, Vitamix blender, cold sandwich table/prep refrigerator, undercounter cooler/freezer, complete POS system. The restaurant was established since 2016 and has built a strong customer base in the local community...family owned and operated with absolutely no advertising. Huge growth potential with marketing effort through social media and local advertising. Most recent 12 month revenue is $571K which yield a net profit before tax of $207.8K. Current rent is $5,018 + $500 (monthly avg.). Sale includes 2 weeks of training on recipe and business operation. Must sign NDA to receive more information. Serious inquires only. Location: Huntington Beach, California Year Established: 2016 Number of Employees: 5 Real Estate: Leased Building Sq. Ft.: 3,000 Rent: $5,500.00 Per Month Lease Expiration: 4/15/2026 Facilities: 3,000 Sq. Ft. Restaurant & Franchise Boba Shop in one. Restaurant is equipped with full kitchen equipment includes: 22 ft. grease hood, walk-in cooler & walk in freezer, high production ice machine, POS system, new 100 gal. water filtration system, and many more. Total of 8 big screen TVs in restaurant. Franchise Boba operation includes 2 tea brewing machines, 1 espresso machine w/ grinder, powder dispenser, syrup dispenser, Vitamix blender, cold sandwich table/prep refrigerator, undercounter cooler/freezer, complete POS system. Market Outlook/ Competition: This is a recession proof business model. Very low cost of goods with competitive product pricing. Very specialized menu with recipe that wins the heart of food lover. Growth & Expansion: Huge growth potential with marketing effort. Past 6 years the owner establish solid local customer base through word of mouth and referral. Good social media marketing can boost this restaurant and boba tea shop to the next level.

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

Listed: Apr 21, 2022

Updated: 13 hours ago

Views: 14

Favorites: 0