Seller's Contact Information
- 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 |
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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