Buffet Restaurant for sale - Strong Sales

Texarkana, TX
Bowie County

Asking Price: Annual Revenue:
$175,000 $982,398

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Buffet Restaurant for sale - Strong Sales Broker: Robin Gagnon

Quick Facts

Asking Price: $175,000
Annual Revenue: $982,398
Net Profit: Not Disclosed
Cash Flow: $65,447
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 5
BBN Listing #: 25528096
Broker Reference #: 7183

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Business Overview:

Fantastic opportunity in Texas. This Restaurant for Sale is generating top line sales of nearly $1 million. Earnings on the bottom line for an owner operator of $65,000 can be improved with a hands-on approach. Full liquor license serving up mixed drinks along with wine and beer. Prime location and loyal customers line up for this buffet style restaurant for sale where they feast on sushi and other Asian fare. Well established and ready for new owner as the current operators rely on a manager in this location. This restaurant for sale serves the biggest and best Chinese sushi buffet in the area and attracts both locals and those in the general marketplace. Strong reputation and very good online reviews. Bring 30% down and We Sell Restaurants will have you qualified for lending with our expert resources in a matter of days. Be your own boss in a town that has a great quality of life and opportunity to expand the business. Operate the location and earn more than $65,000 today but with much more potential with better controls since top line sales are nearly seven figures. Surrounded by other retailers, including fast food locations in a high traffic area on a busy road. Currently operated absentee, this restaurant for sale is ideal for an E2 visa candidate who is looking for entry to the United States. Fully trained team including eleven employees who know the business well are on staff. Most will remain on board to assist you in the transition. 9400 square foot location has a lease with options to renew. Monthly rent is $8300, well within a desirable occupancy rate for the volume they are producing. 280 seats produce massive volume. Fully equipped kitchen and service line with all necessary equipment including commercial refrigeration, stoves, fryers, flat top and more. The front of house of this restaurant for sale is fully outfitted with hot and cold buffet stations that beautifully display the food. Established for five years, this restaurant for sale location has become a local favorite. Don't delay! Contact us today on this excellent opportunity.

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Property Features and Assets:

65 tables 268 chairs 3 hot buffet bar 1 sushi buffet bar 1 salad bar 1 desert bar Hibachi equipment 3 fryers 5 reach in coolers 2 horizontal coolers 2 ovens 7 55 inch TV 1 32 inch TV 1 24 inch TV 2 double door refrigerators 2 single door refrigerators 1 meat grinder 1 meat slicer 1 Microwave

Market Competition and Expansion:

1. very good location 2. the biggest and best chinese sushi buffet in the town, with very good rating and reputaion 3. full bar

Reason for Selling:

New Career

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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