Fully Equipped Japanese Restaurant

Not Disclosed, TX
Collin County

North Dallas


Asking Price: Annual Revenue:
$100,000 $451,524

Food & Beverage: Miscellaneous


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RE: Fully Equipped Japanese Restaurant Broker: Kevin Chung
License #: 567204
Owner Financing is Available!
100% down at the time of closing or 50% Cash Down for Seller Financing.

Quick Facts

Asking Price: $100,000
Annual Revenue: $451,524
Net Profit: Not Disclosed
Cash Flow: $33,403
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 4
BBN Listing #: 303719188
Broker Reference #: 001143

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Business Overview:

New age fast-casual high capacity ramen restaurant has been listed for your acquisition. This 3,152 Square Feet endcap space is located in a busy retail strip center in a North Dallas suburb. Due to the retail strip center being positioned adjacent to a major highway, this area has been evolving into an epicenter for Asian restaurants and retail businesses. Anchored by major Asian supermarkets and restaurants, this establishment enjoys free foot traffic from its immediate surroundings. The exterior of the end cap building is relatively simple and is adorned by sizable signs on either side of the building. The interior is a spacious but organized place, equipped with four types of seating: bar top, classic table seating, booth seating, and roomy izakaya-style booths. All furniture and fixtures have a wooden finish that upholds the aesthetic of a traditional Japanese ramen shop. This facility is well-equipped and can easily be converted into different types of business due to its versatile and quality assets. Since the restaurant was newly established in 2019, all assets, especially kitchenware and accessories, are new and well-kept, providing a solid foundation for the new acquiring owner.

Though there is competition due to other hubs of Asian businesses around the general area, a ramen shop dominating the immediate market does not exist within the competitors. This void of quality ramen shops opens up the potential opportunity for the new acquiring owner to fill this vacancy and shake up the market through diligent hard work and innovative products. Third-party delivery services are already being utilized for delivery services and basic advertisement, but owner involvement in marketing and operational functions could lower operating costs and increase potential growth. Currently, this business is operating with minimal to no owner contact, but with more hands-on involvement, potential revenue can skyrocket.

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Property Features and Assets:

This establishment is located in a 3,152 Square Feet endcap space in a retail strip center in the North Dallas area. / Inventory: $6,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: The competition exists in close proximity but none are dominating the market thus creating an opening for the new acquiring owner to fill the role. This facility is also similar or larger than that of the existing competition. Growth and Expansion: Personalized local advertisements for the business will create new revenue streams and will be hugely beneficial to the growth of sales. Owner involvement in marketing and operational functions would lower operational costs and thus creating potential growth.

Reason for Selling:

The current owner is seeking to put his focus on other business.

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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