Price: $199,000
Location: Los Angeles County, CA
Industry: Restaurant and Food
Listing ID: 01985517HP
Listing Status: New
Discover an exceptional opportunity to own a distinguished Vietnamese restaurant located in the affluent area of Los Angeles County. Renowned for its authentic Vietnamese, Thai, Chinese, and Japanese cuisine, this family-operated gem has cultivated a dedicated clientele and remains faithful to traditional flavors. Currently, the restaurant does not offer beer and wine, presenting untapped potential for the new owner to expand the menu and enhance revenue. The establishment features a comprehensive setup, including a hood, cooler, freezers, fryer, various fixtures, self-service options, and utensils. Prospective buyers are invited to explore the endless possibilities this venue offers. With the landlord's approval, the restaurant can easily adapt to a different culinary concept. Its prime location in a bustling shopping center, surrounded by well-known businesses, ensures excellent visibility and appeal. Despite its strong foundation, the restaurant has seen minimal online marketing efforts, creating a significant opportunity for growth through strategic marketing on platforms such as Google, Facebook, and Instagram. This business presents a fantastic opportunity for both owner-operators and absentee owners, with limitless potential for a visionary new owner. The current owner is highly motivated to sell and looks forward to passing on the legacy to someone equally passionate about this venture.
For an exclusive showing and to discuss this unparalleled opportunity further, please contact Harry Patel at 562-230-1193. Embrace the chance to elevate this establishment to new heights.
Down Payment: $199,000
Total Sales: $360,000
Cash Flow: $99,500
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $46,000
FFE Included: Yes
Inventory: $3,000
Inventory Included: Yes
Year Established: 2000
Days & Hours of Operation: Monday To Sunday 11:00 AM To 9:00 PM
Owner Hours Per Week: Husband and Wife Work Full Time
Non-Owner Payroll: N/A
Lease Option: 1 Four Yr Option
Real Estate: N/A
Monthly Rent: $5,995
Type of Location: Commercial
Square Footage: 1695
Relocatable: No
Reason For Sale: Health Condition and other Responsibilities