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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Traditional Japanese Bistro With Sushi Bar
(Restaurants)
Dallas, Texas
Listed Price: $ 130,000
Listing ID: 000997

Listing DetailsDown Payment: $ 75,000
Gross Revenue: $ 420,000
Cash Flow: $ 80,000
FFE: $ 50,000 (Included in Price)
Inventory: $ 15,000 (Included in Price)
Reason for Sale:

Other Opportunities


Training & Support:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.


Listing SummaryBusiness Description:

Authentic Japanese Izakaya that serves tapas in a traditional Japanese-style atmosphere and seating arrangement with a sushi bar is available for acquisition. This business was originally established in early-2016 by the current owner of the business. Most of the customers are upper-class Asian individuals and office employees that have an immense amount of disposable income to regularly visit this business on a weekly-basis that live in the surrounding densely populated residential neighborhoods. Competition is usually expected for this type of business, but this business has a concept that differentiates itself from the competition that provides average and common menu items. Gross sales of this Japanese restaurant have been consistent for the last several years running at around $32,000-35,000 per month with very minimal marketing. The only marketing methods that are currently in place is through its website and Japanese newspaper, but other local proactive marketing tactics need to be fully utilized for this business to achieve maximum income potential and grow the customer base by reaching out to untapped areas within the local city. There are many ways to proactively market this business such as direct mailing, more presence on social media outlets, door hangers, happy hour, 3rd party delivery service providers, etc. Especially, introducing daily lunch specials can be a huge draw since a large portion of the customer base of this business is corporate employees from nearby corporate offices. 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 operation.


Competition:

There is no direct competitor that is within the immediate market area that competes with the same concept or cuisine.


Potential Growth:

Some marketing is in place through newspaper ADs and its website, but more online/SNS marketing on social media outlet will be crucial to further grow the business and acquire new customers from the untapped areas.


Financing/Terms:

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


LocationSquare Footage: 2100
Facilities:

This business is located in a 2,100 SF retail strip center that is placed next to a busy intersection that has many residential neighborhoods of houses and apartment complexes. All equipment is in impeccable condition and in working order.


OperationYear Established: 2015
Employees: 4FT/5PT
Absentee Owner: No