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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Prime Location Japanese Asian Fusion Restaurant in High Income Area
(Restaurants)
Denton, Texas
Listed Price: $ 100,000
Listing ID: 000681

Listing DetailsDown Payment: $ 30,000
Gross Revenue: $ 670,320
Cash Flow: $ 96,457
FFE: $ 150,000 (Included in Price)
Inventory: $ 8,000
Reason for Sale:

Other Opportunities


Training & Support:

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


Listing SummaryBusiness Description:

Prime location Asian fusion restaurant placed in a high-income area and high visibility retail strip center in Northwest Dallas 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.


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.


Potential Growth:

Some marketing is in place to actively grow the business, but other proactive marketing methods are needed to further grow the business.


Financing/Terms:

100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 2600
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.


OperationYear Established: 2009
Employees: 8FT/6PT
Absentee Owner: No