Broker Name:Kevin Chung
Broker Email:info02@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Quick Service Sushi Restaurant In The Mall
(Restaurants)
Tarrant, Texas
Listed Price: $ 75,000
Listing ID: 000882

Listing DetailsDown Payment: $ 52,500
Gross Revenue: $ 228,572
Cash Flow: $ 62,915
FFE: $ 40,000 (Included in Price)
Inventory: $ 3,000
Reason for Sale:

Focus on other businesses


Training & Support:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.


Listing SummaryBusiness Description:

Quick service made to order sushi rolls restaurant in one of the busiest malls in DFW is now available for acquisition. This business was established by the current owner in 2018. This business is located in a 1,431 SF space inside of one of the biggest and busiest shopping malls in DFW metroplex, and it is located near one of the entrances where there are no other restaurants or competitors around. Most of the customers are various ethnic groups of individuals and families that have large amounts of disposable income to shop to this prime shopping mall coming from the surrounding densely populated residential neighborhoods and adjacent cities. Competition is expected in this type of industry, but this business is the only one of two Japanese sushi/roll restaurants in the mall, but both restaurants are owned by the current owner. This business serves a variety of hand made fresh rolls, bowls, soup, party tray, and customized rolls. Net sales average was $20,000/month that has been consistent since its inception without any marketing other than word of mouth. Although no marketing is in place to actively promote this business, other proactive marketing methods such as direct mailing, 3rd party delivery service, business website, online ordering, social media outlets, flyer, daily special, catering services, loyalty programs etc. needs to be utilized to generate more cash flow and acquire new customers. There is an unused space behind the dining area and this space is being used for storage and by renovating this space to bring new kitchen equipment to sell hot food, the sales will instantaneously increase. Also, selling alcoholic beverages will greatly boost sales as the demographic is well suited for alcohol sales as the average consumer has lots of disposable income. This prime location business is perfect for prospective buyers, especially for a couple, who could be involved and reduce wages expense and be hands-on in day to day basis in the back and front of the restaurant or for somebody who can market the business more proactively to reach its full financial potential.


Competition:

There is no direct competitor in the mall except for one sushi restaurant, which is owned by the same owner.


Potential Growth:

No marketing is done at the current moment except thru word of mouth, but more proactive marketing methods need to be utilized in order to keep the business to continue to grow in sales and new customer acquisition.


Financing/Terms:

100% down at the time of closing or 70% Seller Financing available.


LocationSquare Footage: 1431
Facilities:

This business occupied in a 1,431 SF space of one of the biggest and busiest shopping malls in DFW area.


OperationYear Established: 2018
Employees: 1FT/2PT
Absentee Owner: No