Business For Sale

Asian Fusion with Boba Tea #000618

Not Disclosed, TX
Tarrant County

East Fort Worth

Asking Price: Annual Revenue:
$69,000 $137,000

Food & Beverage: Miscellaneous

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RE: Asian Fusion with Boba Tea #000618 Broker: Emilio Marin
License #: 567204

Quick Facts

Asking Price: $69,000
Annual Revenue: $137,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 4
BBN Listing #: 323619188
Broker Reference #: 000618

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Business Overview:

Asian fusion restaurant with homemade recipes and serving alcoholic beverages is available for acquisition. This business was first established in late-2016 by the current owner of the business. Most of the customers are individuals of a wide array of demographics that live in the surrounding densely populated residential neighborhoods and numerous apartment complexes. Net sales average $130,000/year that has been fairly consistent throughout the last several years of operation without any active marketing other than word of mouth. Online ordering is available that has provided some marketing in the present time, but other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers. Competition can be expected for this type of business, but this business has a menu with reasonable price points while providing better quality of services and unique food choices. There are many ways to proactively market this business such as direct mailing, social media outlets, personal website, delivery service, 3rd party delivery, door hangers, hiring a manager and catering service. Catering services within the local area will be extremely beneficial to this business as the population density within the city is very high and will allow this business to grow in sales much quicker. This Asian fusion restaurant has everything in place for a potential buyer to proactively market the business while being fully involved in the day-to-day business operations.

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Property Features and Assets:

This business is located in a 1,400 Square Feet retail strip center that is anchored by a nationwide grocery chain and placed in an area packed with residents. All equipment is in impeccable condition and in working order. / Inventory: $3,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business is known to provide a more reasonable price point and better quality of service as well as their food. / Growth and Expansion: There is no marketing done for this business except through their online ordering service, but other proactive marketing methods need to be utilized to generate more cash flow and acquire new customers.

Reason for Selling:

Family Reason

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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