Link Copied
  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Business Opportunity
Size 2000 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 1
Approx. Age 1981
Avg. Price Per Sqft $55
MLS® Number 20251020438

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Business Opportunity – Pho Hang Restaurant (Business Only Sale) Rare opportunity to acquire a well-established Chinese and Vietnamese restaurant at the high-traffic corner of 13 Mile and Dequindre in Madison Heights. Situated in a busy retail plaza with excellent visibility and ample parking, this long-standing business offers immediate income and expansion potential. The restaurant spans approximately 2, 000 square feet and features two dining areas with current seating for around 50 guests, including one dining room that remains unused and could be built out to increase capacity. The layout includes two restrooms and a fully equipped commercial kitchen with walk-in cooler, ample dry storage, prep space, and dishwashing area. Sale includes all major kitchen equipment such as a double wok station with overhead hood and fire suppression system, 4-burner gas range with oven, flat-top griddle, single deep fryer, 3-compartment sink with sprayer, additional prep sink, walk-in cooler, two chest freezers, meat slicer, commercial scale, stainless prep tables, dry storage racks, and assorted smallwares, cookware, and countertop appliances. Gross revenue has averaged approximately $175, 000 annually over the past four years. Ideal for an owner-operator or investor seeking to increase revenue by adding credit card processing, integrating third-party delivery services such as Uber Eats and DoorDash, and launching digital marketing. Pho Hang has strong Google reviews and a loyal customer base. No liquor license. Current lease to be transferred to the new owner. Sale includes all furniture, fixtures, and equipment. Business-only sale. Real estate not included. Financials will be provided only with an accepted offer—no exceptions. Do not approach employees or disturb operations. Showings by appointment only. BATVAI.Show Description
MLS® Number20251020438
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1981
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Natural Gas
A/C
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing