Rare opportunity to buy an amazing Vietnamese restaurant right in the heart of Cypress. This restaurant has been a well-known "Pho" place for over 12 years, which serves patrons who crave famous “Pho” noodle soup & other Vietnamese dishes & drinks.
This massive restaurant can seat up to 200 people with ample parking. It is located near a major intersection (Lincoln & Valley View) with more than 40,000 cars passing by a day. There are no other major Vietnamese restaurants around. The restaurant is always busy and even more so during winter times. You can add yogurt or ice-cream to the menu as the restaurant has unused space to add new food concept. This is truly a great opportunity to own a restaurant, b/c this type of ethnic restaurants rarely ever sell but usually are passed onto family members. Business for sale only - no real estate included.
HIGHLIGHTS: *Free standing building *Very low rent of ~1.35/sq ft/mo. (no NNN) *Rent is $8800/mo. *Long lease remaining: almost 3 years plus 2 x 5-year options (total of almost 13 years left) *Monthly income is between $45,000-$65,000 *3 hoods (9', 10' & 24') *2 large ice makers *Huge freezer of 30' long *double-sided prep refrigerated table of 17' long *3 sinks *1 leased dish washer *Across from Home Depot & Post Office. *Cypress college is near by! *Other national tenants are in the immediate area: Subway, Panda Express, Starbucks, Bank of America, Marshalls, Ross, Jo-Ann, Big Lots, Albertsons, CVS,… *Inventory not included.
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