Business Details

Ethnic Restaurant - can convert

Location : Anaheim

Type of Business : Vietnamese Restaurant

Asking Price: $140,000
Inventory: $4,000

Gross Sales: $

Summary of Business

Bring your own concept or keep the existing concept. This is a turn-key restaurant ready for a new operator. Fast casual style. Restaurant build-out in 2019, hood and equipment 4 years old. Very modern style restaurant design. Open kitchen layout that is closed but can be re-opened to showcase food being cooked. Small kitchen with a great layout for catering. Dual walk-in cooler freezer combo. The small area outside that can be used for seating and a shared common area patio used for all tenants. The center consists mostly of restaurants. 
Monument sign that can be seen from the traffic signal. 
Located in a busy area of Anaheim called the “Platinum Triangle”. This is considered a very desirable location as it is an up-and-coming area, surrounded by all the major tourist attractions. Catering to local customers and those that visit events at Angel Stadium and big-name concerts at the Honda Center arena. The City National Grove of Anaheim is also nearby, and they showcase a mix of stand-up comedy acts, family musicals, and rock bands.

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Other Details

Future Potential: This small restaurant located in a tourist destination holds promising future potential as it can cater to a constant influx of visitors seeking memorable dining experiences. By offering a unique culinary concept, showcasing local flavors, and providing exceptional service, the restaurant can attract tourists who are eager to explore the local cuisine and immerse themselves in the culture. With effective marketing strategies, including online presence and positive reviews, the restaurant can capture the attention of both domestic and international tourists, ensuring a steady flow of customers. Additionally, by capitalizing on the tourist location, the restaurant can diversify its offerings by providing catering services, organizing themed events, or offering cooking classes that showcase the local culinary traditions. By delivering exceptional dining experiences that leave a lasting impression, the small restaurant has the potential to become a sought-after destination among tourists, leading to long-term growth and success in the thriving tourist location.

Reason for Sale: Spend time with family

Income

Gross Yearly Sales: $asset sale
Adjusted Yearly Net Profit: $asset sale

Rent

Total Rent: $5,680
NNN: $2,024
Length of Lease: Lease expires: 5 year . Options Avail: To be negotiated
Options: 0
Sq. Ft: 1,200
Occupancy: 35

Employees

Number of Employees: 3
Full time: 2
Part time: 1
Hours of Operation: 11 am to 8 pm, Monday close at 3pm Payroll: $owner operated

Expenses

Insurance: $1,200 per year
Gas: $see electric payment
Electric: $700-$1000
Water: $see electric payment
Internet and TV: $55
Cost of Goods: $30-35%

Additional Details

Year Established: 2021


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