MergerPlace

Prime location Vietnamese Restaurant

Northeast Dallas, Texas (Dallas)


  • Asking Price: $179,000
  • Gross Income: $456,000
  • Cash Flow: $100,000
  • Real Estate: Not Disclosed
  • Inventory: $7,000
  • FF&E: $80,000
  • Listing ID: #217108
  • Established: 2016
  • Employees: 2FT/2PT

Business Description

Office ID: #000906

Prime location Vietnamese Noodle Soup Restaurant serving Boba tea in Northeast Dallas is available for acquisition. This business was originally established couple years ago in 2016 by the current owner of the business. Most of the customers are middle-class families and individuals that live in the surrounding densely populated residential neighborhoods as well as customers for the nationwide grocery chain that often drive by this business. Gross sales average is $38,000/month that has shown a trend of consistent growth since the inception of the business without any marketing done other than word of mouth. Competition can be expected for this type of business, but this business is the only one that is next to such a well-known grocery chain and is placed next to a major highway that connects all roads of the city. Although no marketing is in place, other proactive marketing methods are the key factor to growing this business to its maximum income capacity and acquire new customers from the untapped areas within the city. There are many ways to proactively market this business such as direct mailing, daily specials, business website, social media outlets, student discounts, delivery service, 3rd party delivery service and expanding the menu items. Expanding the menu will help add more variety to their business and will synergize with online ordering services available after creating their own website. This business is perfect for any potential buyer to proactively market this business while operating the business on a day-to-day basis.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Texas
Metropolitan Area: Northeast Dallas
County: Dallas

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2FT/2PT

Financial Information

Asking Price: $179,000
Gross Revenue: $456,000
Cash Flow: $100,000
FF&E: $80,000
Inventory: $7,000
Seller Financing Available: No

Property Information

Facilities:

This business is located in a 1,235 SF space of a retail strip center that is placed next to a nationwide grocery chain and various retailers that are well-known throughout the US.

Growth & expansion opportunities:

There is no marketing currently in place. Proactive marketing is needed for this business to grow further and acquire new customers.

Competition:

Few competitors are within the immediate market area, but this business is the only one in the area that is optimally placed next to a grocery chain and is one street away from a major highway.

Reason for selling:

Other Opportunities/Family Reasons

Support & Training:

The owner of the business will provide sufficient training to smoothly transition into the business operation.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

V-AID Group

www.v-aidgroup.com