Pho and Tofu

About this property

We are pleased to present Pho & Tofu, a well-established Vietnamese restaurant with Asian fusion offerings, strategically located within a high-visibility retail center at 5614 176th Street East in Puyallup. This successful business offers buyers a rare opportunity to acquire a long-standing restaurant in one of the area’s strongest and fastest-growing commercial corridors. Established in 2014, Pho & Tofu has built a loyal customer base and strong local reputation over the years through consistent operations, quality food, and a welcoming dining experience. The business has continued to grow and evolve with the surrounding community, benefiting from strong traffic counts, nearby residential growth, and excellent accessibility. Positioned within the highly desirable Canyon Crossing retail center with strong co-tenancy and ample parking, the restaurant benefits from exceptional visibility at the signalized intersection of Canyon Road East and 176th Street East — one of the area’s primary commercial corridors serving the Fredrickson, South Hill, and Puyallup trade areas. The location experiences strong daily traffic counts and continued residential and commercial growth, providing consistent consumer exposure and long-term operational stability for retail and restaurant businesses. This is a turnkey opportunity featuring a fully equipped commercial kitchen, established operations, and an efficient layout suitable for an owner-operator or experienced restaurant group looking to expand within the growing Pierce County market. Whether you are an experienced restaurateur or an entrepreneur seeking an established concept with proven longevity, Pho & Tofu presents a strong opportunity with continued upside potential through expanded marketing, delivery platforms, catering, and operational growth. - Approximately 2,002 SF - 2024 Gross sales -$1,340,000 - 2024 SDE - $420,000 - 2025 Gross sales - $1,220,000 - 2025 SDE - $405,000 - 66 seating capacity - Inventory excluded from purchase price - Seller to provide 14 days of transitional assistance and training - Newly secured 7-year lease - Established business operating successfully since 2014 - Strong historical cash flow and profitability - Fully equipped turnkey restaurant operation - Loyal repeat customer base and strong local reputation - Excellent visibility and accessibility - Positioned within the highly desirable Canyon Crossing retail center Significant upside potential through: - Strategic menu price increases - Expanded delivery and catering operations - Increased marketing and social media presence - Operational efficiencies - Staffing and management optimization - Implementation of management for more passive ownership

Property highlights

Net operating income

$405,000

Capitalization rate

57.86%

Financial information is supplied by the listing team. Review the offering documents and independently verify all figures.

Map position is based on listing coordinates. Confirm access, entrances, and boundaries with the listing team; the marker is not a parcel survey.