Very well-established Pho restaurant with ideal location. Located on super busy road with high traffic neighbors including the DMV, National coffee shop and CVS drug store.
Owners have remodeled this restaurant and it looks great. Beautiful granite tables and counters through out the dining areas.
Type 41 beer and wine license in place.
Plenty of inside seating and several tables and chairs available outside as well. Significant percentage of their business is to go/take out and online ordering meaning less labor to run the restaurant.
Current owners designed both the menu and the website for maximum customer satisfaction.
Local favorite with outstanding online reviews. Owners both have full time jobs so they cannot give the restaurant the attention it needs. They will be willing to train and even work weekends until the new owners are comfortable with operations.
They have survived the pandemic and this place has enormous potential.
Opened in June of 2018 for partial year sales of $295,072 averaging approximately 42k/month
Sales in 2019 were $440,960
Sales in 2020 were $236,392
2021 average monthly sales at 22k /month with reduced hours currently they are only open 5 days/week. Time to open back up to full hours!
Net income for past three years has been:
Now that restaurants and the economy have opened back up, their sales and profits are expected to be back to where they had been in 2019.
Kitchen is well set up for volume with a large hood , lots of cold storage including walk-in cooler.
Rent for this 2100 sq foot restaurant is $ 5811/month base plus NNN of $ 308/month.
Current lease term expires 3/2024. Options or new lease to be negotiated during escrow.
Come visit this restaurant today to see if it's the one you have been waiting on.
|2014 Total Population||48,324||96,962|
|2010 Number Of Households||16,164||36,427|
|2010 Persons Per Household||2.93||2.60|
|Median House Value||$495,800||$493,297|
|Income Per Household||$93,750||$93,072|
|2009 Number Of Businesses||1,568||2,743|
|2012 Number Of Employees||61,276||103,786|
|2012 Total Annual Payroll||$1,854,371,000||$3,302,069,000|
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