Vietnam Coast Restaurant

Business Opportunity for Sale
Catylist Listing ID: 30277833
Property Subtypes: Food and Beverage
Building Size (RSF): 3,500 SF
Sale Price: $79,900
Name of Establishment: Vietnam Coast
Year Business Established: 2016
Gross Revenue: $300,000 (Annual)
Cash Flow: $36,000 (Annual)
Sale Terms: Cash to seller
Last Updated: 9/4/2018

Overview / Comments

Well-established Vietnamese restaurant located near a busy intersection in Cordova, TN. High traffic count surrounded by commercial and residential buildings. This 3500sf restaurant was established in 2016 from scratch with all state of the art equipment. Very busy location. Interior is modern with nice furnishings and fixtures. It could easily by converted to other concepts.

Additional Details

Nearest MSA: Memphis
County: Shelby
Industry Segment: Restaurants
Reason for Selling: Other business commitments.
Value of Inventory Included ($): $10,000
Value of Furniture, Fixtures, and Equipment ($): $100,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Rent is $3500/month with three years remaining on a five year lease. includes five year renewal option.
Employee/Labor Description: Business employs six full-time employees.
Mgmt/Training Support Description: current owner will train new owner for negotiated timeframe.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 45,843 117,371
Median Age: 36.26 37.85
Households: 17,000 45,726
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