2-Location Hibachi and Sushi Restaurant

Not Disclosed, TX
Denton County

North Dallas


Asking Price: Annual Revenue:
$4,999,000 $4,589,475

Food & Beverage: Miscellaneous


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RE: 2-Location Hibachi and Sushi Restaurant Broker: Stephen Lee
License #: 567204

Quick Facts

Asking Price: $4,999,000
Annual Revenue: $4,589,475
Net Profit: Not Disclosed
Cash Flow: $871,626
Total Debt: Not Disclosed
FF&E: $900,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 48
BBN Listing #: 107619188
Broker Reference #: 001173

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Business Overview:

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.

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Property Features and Assets:

The main location is situated in a 4,500 Square Feet end-cap space of a retail strip center placed next to a major highway. The second location is placed in a 5,000 Square Feet space of a retail strip center situated near multiple major highways and densely populated intersections. / Inventory: $40,000 (Included in listed price).

Market Competition and Expansion:

Competition: 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. Growth and Expansion: 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.

Reason for Selling:

Other Business Opportunities.

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.

Documents:

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