Modern Vietnamese Restaurant For Sale

, California 15 views 0 favorites

Financial Highlights
Asking Price
$400,000
Business Description

This is a beautiful newly-built restaurant with a modern interior that is great for serving customers in groups of all sizes! The restaurant has a largest maximum capacity within the plaza which allows it to partner with multiple UCR clubs for fundraisers that have filled the entire restaurant. Located just 3-5 minutes from UCR and also within walking distance, this location has large potential to attract UCR students along with customers from the nearby apartments, homes and offices in downtown Riverside (10 minutes away). The restaurant will also be receiving a beer & wine license soon which provides a lot of room for business growth and expansion. Location: Riverside, California Year Established: 2018 Number of Employees: 15 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 5,255 Rent: $8,654.59 Per Month Lease Expiration: 7/18/2025 Facilities: Walk-in freezer and walk-in cooler. Additional cooler for beer sold from a tap. Separate men and women's bathrooms with 2 stalls each and a urinal for the men's bathroom. Separate men and women's bathroom for employee use. Private office located in the back of the restaurant. Plaza has 24-hour security that will patrol and can be contacted by cell phone. Website: oceanpho.com Market Outlook/ Competition: There are only 2 Vietnamese restaurants nearby but this restaurant is much bigger and is the only one that also offers Thai and Chinese dishes. It will also be the only one that has the ability to sell beer & wine which will be a large advantage boost to business.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 8 hours ago

Views: 15

Favorites: 0