Asian Cuisine w/ High Margins & Growth Potential
Local New York Favorite w/ 2 Locations & Niche Menu
Business Description
With multiple locations, this restaurant has established itself in the niche market and is well-known for phở and a wide range of classic Asian dishes, such as sweet and sour dishes and lo mein, mixed with more elaborate dishes.
Some investment highlights include:
- Financial Performance: The business demonstrates consistent year-over-year growth with strong profit margins and diversified revenue streams (60% dine-in, 40% takeout).
- Cash-Based Stability: 90–95% of transactions are via credit card with zero accounts receivable.
- Low Overhead: Operations benefit from documented proprietary processes and a stable, long-term staff.
- Low Owner Dependency: The primary owner currently works only 2–10 hours per week, with day-to-day operations handled by experienced General and Kitchen Managers.
- Growth Potential: Significant upside exists through the formalization of catering services, expanded use of the included food trailer, and the implementation of digital marketing/online ordering.
The buyer does not need specialized credentials to operate the business, beyond standard food-service permits, though they ideally will have some level of experience with Asian culture and cuisine in order to understand the cultural influences of the staff and the food they specialize in. The family is willing to stay involved for three to six months in order to ensure a smooth and successful transition.
NEXT STEPS: If you’re interested in this business, please fill out the contact form, and we will email you an NDA to e-sign. Please look for an email with the subject “NHN-163”. You can access more information on this business after e-signing our NDA.
Detailed Business Information
Financial Information
| Asking Price: | $4,250,000 |
| Gross Revenue: | $3,412,733 |
| Cash Flow: | $1,325,739 |
| Seller Financing: | Available for qualified buyers |
| Inventory: | $75,000 to $125,000 |
| Inventory Included in price: | Yes |
Business Information
| Location: | Onondaga County, NY |
| Real Estate: | Leased |
| Relocatable: | No |
| Employees: | 14 full-time | 11 part-time |
| Year Established: | 2015 |
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