Japanese and Korean Fusion Restaurant
Business Description
Krave Teriyaki-Norman presents an exceptional turnkey opportunity in the thriving Japanese and Korean fusion restaurant market. Established in 2023, this premier dining destination has quickly built a loyal customer base serving healthy Asian cuisine with wholesome, nutrition-balanced meals featuring lean proteins, crisp vegetables, and signature house-made sauces.
Financial Performance:
• Annual gross revenue of $279,000 with strong cash flow of $117,000
• Consistent 15-20% annual growth rate demonstrating market demand
• Operating Monday through Saturday, 11am-9pm
• Partial owner financing available to qualified buyers
Strategic Location & Market Position:
• Prime location just one mile from University of Oklahoma main campus
• High-visibility storefront in established business strip with dedicated parking
• Drive-thru window for added convenience and revenue streams
• Only teriyaki-style Japanese restaurant in Norman, creating unique market position
• Strong student customer base from nearby OU campus
Diversified Revenue Streams:
• Popular menu offerings include Teriyaki Plates, Bento Boxes, Sushi, Fried Rice, Tteokbokki, Bulgogi, Dakgalbi, and Jeyukbokeum
• Robust online presence generating 30% of orders through proprietary website, DoorDash, UberEats, and Grubhub
• Multiple delivery platforms expanding customer reach
Operational Assets:
• Comprehensive FF&E package valued at $175,000
• Current inventory valued at $9,000
• 1,800 square foot facility with lease at $3,600/month through March 2028
• Well-established operations with proven systems in place
This turnkey opportunity offers an established brand with strong growth trajectory, diversified revenue channels, and strategic location in a college market. The seller provides one month of training to ensure smooth transition. Owner selling due to health considerations.
Financial Performance:
• Annual gross revenue of $279,000 with strong cash flow of $117,000
• Consistent 15-20% annual growth rate demonstrating market demand
• Operating Monday through Saturday, 11am-9pm
• Partial owner financing available to qualified buyers
Strategic Location & Market Position:
• Prime location just one mile from University of Oklahoma main campus
• High-visibility storefront in established business strip with dedicated parking
• Drive-thru window for added convenience and revenue streams
• Only teriyaki-style Japanese restaurant in Norman, creating unique market position
• Strong student customer base from nearby OU campus
Diversified Revenue Streams:
• Popular menu offerings include Teriyaki Plates, Bento Boxes, Sushi, Fried Rice, Tteokbokki, Bulgogi, Dakgalbi, and Jeyukbokeum
• Robust online presence generating 30% of orders through proprietary website, DoorDash, UberEats, and Grubhub
• Multiple delivery platforms expanding customer reach
Operational Assets:
• Comprehensive FF&E package valued at $175,000
• Current inventory valued at $9,000
• 1,800 square foot facility with lease at $3,600/month through March 2028
• Well-established operations with proven systems in place
This turnkey opportunity offers an established brand with strong growth trajectory, diversified revenue channels, and strategic location in a college market. The seller provides one month of training to ensure smooth transition. Owner selling due to health considerations.
About the Business
- Years in Operation
- 3
- Employees
- 1 Part-time
- Facilities & Assets
- All cooking equipments
- Website
- https://www.kraveteriyaki-norman.com/
- Market Outlook / Competition
- Only one teriyaki style Japanese restaurant at Norman, OK.
Also serve popular Korean menus.
One mile to OU main campus. Many students customers.
Well established restaurant in three years.
About 30% of orders from online orders (Own website, Doordash, Ubereats, Grubhub) - Opportunities for Growth
- Annual growth rate 15%
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,800
- Rent
- $3,600.00 per month
- Lease Expiration
- 3/20/2028
About the Sale
- Seller Motivation
- Health issue of the owner
- Transition Support
- One month training is provided.
Listing Info
- ID
- 2478350
- Listing Views
Business Location
Listing ID: 2478350 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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