Seller invested a significant amount of cash on the build-out of this stylish Vietnamese Fusion restaurant. All furniture fittings and equipment was newly bought and installed approximately a year ago. A ‘life event’ demands a quick sale and the asking price has recently been significantly reduced. Ideally suited for an owner-operator, this restaurant is growing in popularity amongst its target clientele of young upwardly mobile professionals and social media reports show an appreciation of the quality and variety of the fresh-made daily recipes.
Country: | USA |
State or Province: | TX, AL |
City: | Houston |
Location Zip or Postal Code: | Harris County |
Service Type: | Counter Service/Fast Casual |
Title of Listing: | SW Houston Vietnamese Fusion Restaurant |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 3500, Square Feet |
Number of Employees: | Less than 10 |
Reason for Selling: | Health Issues |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Asking Price: | $150,000 |
Gross Revenue: | 300,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE (Sellers Discretionary Earnings): | $30,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | 75,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $15,000 |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Total Monthly Rent: | $4,230 |