Prime Edgewater Restaurant – High Visibility – Growth Potential

Asking Price$165,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Prime Edgewater Restaurant – High Visibility – Growth Potential


Asking Price$165,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Turnkey Asian restaurant opportunity located in the heart of Edgewater near Sloan’s Lake. This 1,540 square foot space is fully built out and owner-operated, offering authentic Vietnamese cuisine including pho noodle bowls, rice plates, and a curated selection of Chinese and Thai-inspired dishes.

The restaurant features approximately 50 seats and a 12-foot Type 1 hood, making it suitable for a wide range of culinary concepts. The layout is efficient and functional, with solid furniture, fixtures, and equipment in place. No walk-in cooler is currently installed, allowing flexibility for a future operator to customize based on concept needs.

Lease is secured through May 31, 2036, providing long-term stability and minimizing landlord risk for a new owner. Total monthly rent is $5,285 including NNN, water, and trash. This is a strong lease position for the Sloan’s Lake / Sheridan corridor.

The business is currently owner-operated and open Tuesday through Sunday from 11:00 AM to 9:00 PM. Menu mix is approximately 80% Vietnamese pho and traditional dishes, with 10% Chinese items and 10% Thai selections. The customer base consists primarily of returning local patrons, with opportunity to increase new customer acquisition through digital marketing, delivery platforms, and community engagement.

Located along Sheridan Boulevard with traffic counts exceeding 37,000–42,000 vehicles per day, the restaurant benefits from excellent visibility and steady commuter flow. Within a 1-mile radius there are over 22,000 residents, and nearly 170,000 within 3 miles. The area is densely populated with renters, young professionals, and established homeowners, creating consistent demand for dine-in and takeout dining options.

Edgewater and Sloan’s Lake continue to attract new residential development and lifestyle-driven traffic. The surrounding demographic shows strong annual spending on food away from home, making this corridor ideal for fast-casual or full-service restaurant concepts.

This opportunity is ideal for:
– Owner-operators seeking to step into an established concept
– Buyers looking to rebrand or introduce a new cuisine
– Investors seeking a long-term lease in a high-demand urban submarket

All furniture, fixtures, equipment, recipes, menu, and training are included in the sale. Owner will provide transitional support to ensure a smooth handoff.

Please do not disturb staff.
About the Business
Years in Operation
1
Employees
4 Full-time
Facilities & Assets
Fully built-out 1,540 SF end-cap restaurant with strong plaza-facing signage and high visibility. Approximately 50 indoor seats plus outdoor dining furniture included. Features customer register area, two restrooms, dedicated food prep stations, 12-foot Type 1 hood, wok station, multiple stove burners including oversized stock pot burner (ideal for pho), fryers, prep tables with toppings line, commercial dishwasher, refrigerators and freezers, ice machine, and rear service entrance. Includes menu, recipes, and training.
Market Outlook / Competition
Located in a vibrant Edgewater corridor surrounded by established Asian restaurants and national chains, the business benefits from strong dining traffic and high consumer demand. The area’s reputation as a food destination drives consistent foot and commuter volume. With a prime, visible location near Sloan’s Lake and an established customer base, the restaurant remains competitive in a high-demand market.
Opportunities for Growth
Significant upside remains through stronger digital presence and marketing. The business currently has minimal social media activity and opportunity to build online engagement, increase Google reviews, and expand visibility across third-party delivery platforms. Direct mail campaigns have been used successfully, with additional mailers on hand to continue outreach and drive new customer acquisition in the surrounding neighborhoods.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,540
Rent
$5,285.00 per month
Lease Expiration
7/31/2031
About the Sale
Transition Support
Seller will provide up to two weeks of hands-on training to ensure a smooth transition, including kitchen operations, food preparation, vendor relationships, ordering procedures, staff workflow, POS use, and daily opening and closing routines. All recipes and menu training are included to maintain consistency and quality.
Financing Options
Please have proof of fund readily available.
Listing Info
ID
2473956
Listing Views
10

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Business Listed by: Tony Nguyen RE/MAX Professionals

Listing ID: 2473956 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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