Upscale Vietnamese Restaurant for Sale
Location: Pennsylvania > Chester County > Exton
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $295,000
Gross Revenue: $600,000
Cash Flow: $120,000
FF&E: $180,500 (Included in Asking Price)
Seller Financing: Might qualify for SBA Financing
Business Summary
This is an upscale Vietnamese Restaurant that seats 75 people. The decor is very neutral and could easily be converted to any other cuisine or theme. There is ample parking and an outside patio that could be extended. The new owner could obtain a liquor license, but the restaurant is a B.Y.O.B. Landlord does have apartments upstairs and might be willing to sublease those to the new owner, so that the new owner could lease the apartments to his employees or whoever they want, which will produce extra income. Restaurant operates 6 Days a week.
About the Business
Year Established: 2004
Employees: 5 full time - 8 part time
Facilities: 3,200 sq feet of beautifully decorated space with ample parking. Restaurant seats 75 people and is a B.Y.O.B. The decor is very warm and upscale with imported furniture. There is also space for where there is a small retail store. Landlord might be willing to sublease the apartments upstairs, which will provide extra income. The location is on a major street with lot's of traffic. The location has a small patio for outside dining.
Market Outlook and Competition: This is the ONLY B.Y.O.B. in Exton and is the only Vietnamese Restaurant in the area. Growth and Expansion: Growth could be done by expanding a patio in the back. Also the new owner can buy a liquor license. The restaurant could easily be converted to any other cousin, since the decor is very classy and neutral.
About the Sale
Management Training and Support: Seller is willing to train for 2 weeks.
Reason For Selling: seller wants to pursue other interests

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Listing Tools
BizQuest ID:906196
Seller ID:Green Papaya
Business Listed By
Name:David Dolitsky
Company:Franchise Advisory Group
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