Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Japanese Noodle Soup Restaurant in High-Income Neighborhood
(Restaurants)
Collin, Texas
Listed Price: $ 210,000
Listing ID: 000914

Listing DetailsDown Payment: $ 105,000
Gross Revenue: $ 468,000
Cash Flow: $ 100,000
FFE: $ 175,000 (Included in Price)
Inventory: $ 5,000 (Included in Price)
Reason for Sale:

Other opportunities


Training & Support:

The owner of the business will provide sufficient training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Prime location Japanese noodle soup restaurant in N. Dallas is now available for acquisition. This business was established by the current owner of the business in April 2017. This unique Japanese noodle restaurant is in a 2,502 SF end-cap space of a upscale retail strip center located next to one of the busiest roads within the city that has heavy traffic throughout all hours of the day as well as numerous businesses that attract a number of people to the local area. Most of the customers are high-income individuals and families that have large amounts of disposable income from the surrounding high-end apartment complex and densely populated residential neighborhoods. Few competitors were found in the immediate market area, but this unique business has a specialty menu with the recipe perfected by the current owner that differentiates it from a typical noodle soup restaurants. The restaurant offers high quality of noddle soup, dry noodles, salad noodles, rice dishes and sides with an affordable price point. Gross sales of this restaurant have been steadily growing each month since its inception and do $35,000 per month. Some online marketing is in place through their website and 3rd party delivery, but other proactive marketing method such as direct mailing, coupons, loyalty program, student discount, social media outlet, adding more menu, etc. needs to be utilized to achieve maximum income capacity as well as growing the customer base beyond the immediate market area. Since both businesses are operated as an owner absentee, a full-time owner-operator will enjoy additional profit by cutting down unnecessary payroll expenses. This Japanese noodle soup restaurant has done very well with its ground works, poised for next level growth. A potential buyer should be able to realize the growth by getting more involved in the day-to-day business operation and conducting pro-active marketing.


Competition:

Few competitors are within the immediate market area, but this business has a specialty menu that differentiates itself from a typical noodle soup restaurants.


Potential Growth:

Some marketing is in place through 3rd party delivery service, but other proactive marketing is needed to generate more revenue and increase customer acquisition.


Financing/Terms:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 2502
Facilities:

This business is located in a highly visible retail strip center with 2,502 SF of space. Many retail businesses in the area bring immense traffic to the local area. Easy to access parking lot with ample space.


OperationYear Established: 2017
Employees: 1FT/9PT
Absentee Owner: Yes