Dinner Only Hibachi and Sushi Restaurant for Sale with Growing Revenue

Asking Price$300,000

Cash Flow
$134,861
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$857,727

Inventory$12,000
Not included in asking price
FF&E$75,000
Included in asking price
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Dinner Only Hibachi and Sushi Restaurant for Sale with Growing Revenue


Asking Price$300,000

Cash Flow
$134,861
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$857,727

Inventory$12,000
Not included in asking price
FF&E$75,000
Included in asking price
Business Description
Dinner only hibachi and sushi restaurant for sale with a prime location and consistently growing sales is now available for acquisition. This sushi and hibachi restaurant was established in 1998 and later acquired by the current owner in 2019. The location is prime, easily accessible, and highly visible from the main street. There is ample foot traffic in the immediate area as the business is located within a bustling retail strip center anchored by a large nationwide retail store along with many other small businesses. Additionally, the business is heavily surrounded by upscale single-family homes in all directions. The customer base is primarily Caucasian families with high incomes that are regulars to this well-established restaurant. There are no direct competitors nearby, enabling this restaurant to capture the majority of the available market share readily. The menu closely aligns with most other hibachi restaurants. It consists of various appetizers and entrees such as egg rolls, salads, tableside hibachi, steak, chicken, fried rice, Lo Mein, beer & wine, complete with a sushi bar. This full-service restaurant is currently only open during dinner hours since the pandemic without seeing much loss in sales. There is minimal marketing in place through a social media page, positive Google and Yelp reviews, and word of mouth. Proactive marketing efforts would benefit this business significantly. There are several ways to market this business, including social media marketing, offering happy hour, investing in an official website, creating a more substantial online presence, and some direct marketing (coupons, door hangers, etc.). The growth outlook is undoubtedly bright, considering the rapid growth of the DFW population along with nearby housing developments and mixed-use projects underway close to this business. Additionally, the hours of operation can be expanded to include lunch hours, and third-party delivery and catering options can be explored. This hibachi and sushi restaurant is the perfect fit for an experienced owner-operator seeking an established restaurant in a prime location with room for growth.

Listing ID #001297
About the Business
Years in Operation
27
Employees
11
Facilities & Assets
The location is easily accessible, highly visible, and surrounded by single-family homes and businesses; this is a prime location for a restaurant. Also, the local area is continuing to grow with additional housing developments and mixed-use projects underway. The restaurant occupies 4,300 SF which can accommodate up to 166 customers. All of the equipment is in excellent condition.
Market Outlook / Competition
There are other restaurants but no direct competitors for this hibachi restaurant in the nearby area.
Opportunities for Growth
The restaurant is only open for dinner hours; hours can be expanded to increase sales. Additional marketing efforts, offering hard liquor, cocktails, sake, happy hours, 3rd party delivery, and daily specials, can also help to increase revenue.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,300
About the Sale
Seller Motivation
Retirement
Transition Support
The owners will provide 2 weeks of training to enable a smooth transition into the business.
Financing Options
100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Bu
Listing Info
ID
2389034
Listing Views
233
Attached DocumentsAttachment Disclaimer

NDA_Non_Disclosure_Agreement_for_001297_Dinner_Only_Hibachi_and_Sushi_Restaurant_for_Sale_with_Growing_Revenue.pdf


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Business Listed by: V-AID Business Investment V-AID Group, Inc.

Listing ID: 2389034 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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