Vietnamese or Asian restaurant
Business Description
Vietnamese pho restaurant or can be switch to anything really.
Established Vietnamese restaurant opportunity in the heart of New York's Two Bridges Chinatown area. This 1,200 square foot establishment has been successfully operating since 2024, generating $600,000 in annual revenue while maintaining a strategic position as the only Vietnamese restaurant in this emerging neighborhood.
Business Overview:
Currently operating as a Vietnamese pho restaurant with flexibility to adapt to other Asian cuisine concepts. The business benefits from an absentee owner model, demonstrating strong operational systems and management structure. Located in a rapidly gentrifying area surrounded by trending establishments including Golden Diner, Banh by Lauren, Cellar 36, and popular coffee shops that drive consistent foot traffic.
Financial Performance:
- Annual Revenue: $600,000
- Monthly Lease: $7,500 (excellent rate for the area)
- Lease Term: Secured until January 2034
- Strong cash flow potential with room for growth
Location Advantages:
- Prime 1,200 sq ft space in up-and-coming Two Bridges neighborhood
- Only Vietnamese restaurant in the immediate area
- Surrounded by popular, trending businesses that attract younger demographics
- High foot traffic location with excellent visibility
- Locked-in lease rate significantly below market value for the area
Growth Opportunities:
- Untapped market potential as neighborhood demographics shift younger
- Marketing initiatives could significantly increase revenue
- Flexible concept allowing for menu expansion or cuisine pivot
- Strong tourism and local customer base
- Room to extend operating hours and add delivery services
Operational Benefits:
- Easy-to-run business model
- Established customer base and revenue history
- Absentee owner operation proves systematic efficiency
- Two weeks of training and support included
- Turnkey operation ready for immediate transition
The current owner is selling to focus on other restaurant ventures and family commitments. This represents an exceptional opportunity to acquire a profitable restaurant in one of Manhattan's most promising emerging neighborhoods at a competitive asking price of $245,000.
Ideal for experienced restaurateurs or investors looking to enter the NYC food scene with an established, profitable concept in a prime location with significant upside potential.
Business Overview:
Currently operating as a Vietnamese pho restaurant with flexibility to adapt to other Asian cuisine concepts. The business benefits from an absentee owner model, demonstrating strong operational systems and management structure. Located in a rapidly gentrifying area surrounded by trending establishments including Golden Diner, Banh by Lauren, Cellar 36, and popular coffee shops that drive consistent foot traffic.
Financial Performance:
- Annual Revenue: $600,000
- Monthly Lease: $7,500 (excellent rate for the area)
- Lease Term: Secured until January 2034
- Strong cash flow potential with room for growth
Location Advantages:
- Prime 1,200 sq ft space in up-and-coming Two Bridges neighborhood
- Only Vietnamese restaurant in the immediate area
- Surrounded by popular, trending businesses that attract younger demographics
- High foot traffic location with excellent visibility
- Locked-in lease rate significantly below market value for the area
Growth Opportunities:
- Untapped market potential as neighborhood demographics shift younger
- Marketing initiatives could significantly increase revenue
- Flexible concept allowing for menu expansion or cuisine pivot
- Strong tourism and local customer base
- Room to extend operating hours and add delivery services
Operational Benefits:
- Easy-to-run business model
- Established customer base and revenue history
- Absentee owner operation proves systematic efficiency
- Two weeks of training and support included
- Turnkey operation ready for immediate transition
The current owner is selling to focus on other restaurant ventures and family commitments. This represents an exceptional opportunity to acquire a profitable restaurant in one of Manhattan's most promising emerging neighborhoods at a competitive asking price of $245,000.
Ideal for experienced restaurateurs or investors looking to enter the NYC food scene with an established, profitable concept in a prime location with significant upside potential.
About the Business
- Years in Operation
- 2
- Employees
- 5 (2 Full-time, 2 Part-time, 1 Contractor)
- Facilities & Assets
- Full 7 wok and burner station, fryer, stock burner for soup making, all gas. Big electric oven, brand new ac/heat split unit, expresso machine, and boba making equipment, 48-54 seating, reach in freezer, fridge, and 2 topping bars, and low reach in fridge work station. Front area has new flooring, new front window frame and door.
- Market Outlook / Competition
- I'm the only Vietnamese restaurant in two bridge chinatown that is surrounding by very trending businesses that drives in more traffic. for example next to golden diner, banh by lauran, cellar 36, famous cheap rice roll, and coffee shops. This is a up coming neighbor before and i believe my rent is very good for this area and is locked in for years. Good foot traffic and with marketing this place can thrive even more.
- Opportunities for Growth
- Very high as this neighborhood is becoming more younger and more trending business is moving in.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $7,500.00 per month
- Lease Expiration
- 1/1/2034
About the Sale
- Seller Motivation
- i was to focus on my other restaurant and spend more time with my kids. Having 2
- Transition Support
- i can offer 2 weeks training.
Listing Info
- ID
- 2494990
- Listing Views
Business Location
Listing ID: 2494990 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.
Businesses for SaleNew York Businesses for SaleNew York Food & Beverage Businesses for SaleNew York Other Food & Beverage Businesses for Sale
















