Prime Location Japanese Asian Fusion Restaurant in High Income Area

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Asking Price:
$200,000

Gross Revenue:
$764,703
Cash Flow:
$169,982
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$8,000
not included in asking price

FF&E:
$150,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Prime location Asian fusion restaurant placed in a high-income area and high visibility retail strip center is available for acquisition. This business was established originally established nearly a decade ago by the current owner of the business in 2009. Most of the customers are upper-class individuals that live in the surrounding densely populated residential neighborhoods and customers that visit from the nationwide grocery chain that anchors this business. Net sales average was $750,000/year that has been very consistent over the last several years with some marketing in place to bring customers on a weekly basis. There is minimal marketing done at this point and proactive marketing tactics needs to be fully utilized to generate more cash flow and acquire new customers from the untapped areas within the city, such as online and direct mailing. Competition is expected for this business industry, but the location of this business is far above the competition due to the accessibility and high visibility from the street. There are many ways to proactively market this business such as direct mailing, social media outlets, delivery service, daily specials, chef specialty, catering service and full-time owner involvement. Owner involvement is crucial to the growth of this business as managing the flow of the business will allow quality service and retention of customers. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.

Listing ID #000681
For more info, please call Kevin Chung at 1-866-519-2421.

About the Business

Location:
Denton County, Texas
Year Established:
2009
Number of Employees:
8FT/6PT
Facilities:
This business is located in a 2,600 SF retail strip center that is surrounded by numerous densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
Few competitors are within the area, but this business has an advantage with their location being extremely visible and easy to access facility compared to the competition.
Growth & Expansion:
Some marketing is in place to actively grow the business, but other proactive marketing methods are needed to further grow the business.
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About the Sale

Reason For Selling:
Other Opportunities
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1626637
Ad Detail Views:
0

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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