2-Location Hibachi and Sushi Restaurant for Over Two Decades 001173
2-Location High Volume Hibachi/Sushi restaurant with fast-growing sales and profitability is available for acquisition. The first location was established in 1999 and the second location was established in 2003. With well over two decades of operation in each of their respective local areas, both businesses have thrived for many years since inception and have shown to be resistant to changes in the marketplace. When observing both locations, each has location has its own unique aspect that is well adapted to the area they're located in. The first location is built with a more cozy interior that brings an inviting atmosphere for small families and large groups to gather comfortably. The second location has a much more luxurious interior that is reminiscent of a fine dining establishment that is extremely well suited for the local area. The majority of the customers you can expect to see at both these locations are middle to upper-class families and large group gatherings with a sizable amount of disposable income. Gross sales of both businesses were $4,500,000/year which have shown considerable growth each year without any marketing done other than word of mouth and social media outlet presence. Additional local marketing and online presence will allow this business to reach the many untapped areas within the local and adjacent cities. The owner is currently operating this business as a manager maintaining all book-keeping activities and staff management. Both locations are in their prime state to expand the revenue and generate more cash flow.
Other Business Opportunities
The owner will provide ample training to smoothly transition into the business operation.
The main location is situated in a 4,500 SF end-cap space of a retail strip center placed next to a major highway. The second location is placed in a 5,000 SF space of a retail strip center situated near multiple major highways and densely populated intersections.
Few competitors are within the local area of both businesses, but these businesses were established well over a decade ago before the establishment of these new competitors. Competition is lackluster due to this business's competitive edge in product quality and established customer base.
The only source of marketing that is currently done for both businesses is word of mouth and social media outlets. Marketing efforts are needed to grow the business further as there are still many areas that are left untapped.
100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.