Franchise Business for Sale w Fast Growth 001336
franchise.org/faqs/basics/what-is-a-franchise#:~:text=A%20franchise%20(or%20franchising)%20is,the%20franchisor's%20name%20and%20system.">Franchise business for sale! A highly accessible Asian casual restaurant is now available for acquisition. Whether you are a newcomer or a seasoned professional in the restaurant industry, an exciting franchise opportunity awaits in North Dallas. This restaurant specializes in soup and stir-fry dishes, featuring a signature sauce crafted from a unique recipe exclusive to the franchise. It was first established in early 2020 by the current owner, who proudly opened the first franchise location in the United States without prior industry experience. Despite the challenges posed by the outbreak of Covid during its first year, the restaurant has experienced steady revenue growth and is projected to continue thriving in the coming years. A key advantage of this franchise concept lies in its streamlined menu and proprietary sauce recipe containing ingredients shipped directly from Corporate, allowing franchisees to make the food easily while keeping the consistency intact.
This restaurant boasts a prime location, nestled within a 2,000 sq. ft. space in a bustling retail strip of a prominent Asian district. The area attracts steady foot traffic from all corners of DFW, catering to a diverse customer base of Asian and Caucasian individuals and families with middle to upper income. Competition is inevitable in the restaurant industry. In this case, the nearby competitors are newly established chain brands offering similar products. The new entrants face challenges such as inferior locations with minimal parking and lower quality compared to this restaurant with a prime location, high visibility, and ample parking. This restaurant also benefits from a loyal customer base and a signature proprietary recipe, making it difficult for newer competitors to attract customers and compete effectively.
While not essential, proactive marketing efforts have the potential to propel growth to the next level. Leveraging social media, Google Ads, coupons, or flyers are effective strategies for enhancing business visibility and increasing awareness. Moreover, the business is poised for growth even without marketing, thanks to the rising interest in Asian food and culture, which expands the customer base. Furthermore, the completion of a corporate location in CA is expected to boost profitability by significantly reducing shipping costs for sauce ingredients. Implementing inventory management can also enhance overall operational efficiency. Lastly, diversifying the menu to include more items that align with the local market would be a strategic move to consider.
The owner actively manages the business as husband and wife. The wife works full-time and focuses on front-of-house operations. The husband steps in as a part-time help during weekends. However, due to health concerns and new opportunities, the owner is now seeking a qualified buyer to take over the business. This exceptional franchise restaurant offers a short learning curve and is poised for further growth in a prime location. Fill out a Buyer Registration and NDA with V-AID to learn more about this exciting opportunity!
Health and Other Opportunities
The owner will provide training for an agreed-upon period of time to allow a smooth transition into the business.
This restaurant boasts a prime location, nestled within a 2,000 sq. ft. space in a bustling retail strip of a prominent Asian district that attracts heavy foot traffic to the immediate area. All of the equipment is fairly new and is in excellent condition.
Competition is inevitable in the restaurant industry. In this case, the nearby competitors are newly established chain brands offering similar products. The new entrants face challenges such as inferior locations with minimal parking and lower quality compared to this restaurant with a prime location, high visibility, and ample parking. This restaurant also benefits from a loyal customer base and a signature proprietary recipe, making it difficult for newer competitors to attract customers and compete effectively.
Sales are expected to continue growing organically due to an increasing interest in Asian food and culture, which expands the customer base. Implementing marketing strategies and adding new menu items could further accelerate growth. Lastly, the arrival of a corporate location in California is expected to be completed in early 2024, significantly reducing shipping costs for sauce ingredients and increasing profitability.
100% cash at closing or SBA financing with 15-20% cash down.
© Copyright 2020 V-AID Group, Inc.