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RE:  Asset Sale Of Japanese Restaurant In West Houston. Contact:  Austin Zhao

Quick Facts

Asking Price: $20,000
Annual Revenue: $458,577
Net Profit: Not Disclosed
Cash Flow: $21,019
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: 4
BBN Listing #: 52744107
Broker Reference #: 76931-836528

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Business Overview:

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-836528

The Japanese buffet restaurant is in a prime west Houston location with anchored supermarkets nearby area. Location is also recognized for its dense flow of people, transportation, and is adjacent to a high-income residential area.

The restaurant specializes in all-you-can-eat Japanese food, offering sushi and teppanyaki Japanese food. The restaurant occupies an area of 4,500 square feet with a capacity for 70-100 people, with options for semi-private large party dining. The restaurant is well-equipped with all certificates and includes a staff of 4 employees. FF&E, inventory and leasehold improvements are valued at approximately $90K in total assets included in the sale.

The owner has a severe health issue forcing sale. 2021 reported revenue of $458,577—excellent opportunity for an owner-operator with restaurant experience or a new entrepreneur.

The restaurant was established in May 2020 during the Pandemic period.
>Good location.
>Less competition of the same type business.
>Large business area, can undertake large gatherings.
>Japanese style decoration, comfortable and warm environment.
>High Quality Ingredients and Great Food.
>Positive reviews from the customers.

Proactive marketing methods are needed to fully utilize to achieve maximum income potential and there are many ways to proactively market this business.

Note: $5,000 of lease transferring fee required by the landlord is not included in business price of $20,000.

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Reason for Selling:

Burnout caused by the impact of Covid-19

Additional Details:

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

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