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- RE: Established And Profitable Japanese Restaurant
- Contact: Austin Zhao
Quick Facts
Asking Price: | $455,000 | |
Annual Revenue: | $1,298,483 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $317,702 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 12 | |
BBN Listing #: | 947078 | |
Broker Reference #: | 76931-226002 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-226002
Up for sale is a Japanese sushi bar. Established in April of 2009, this popular local favorite is in a major shopping center in Houston. The restaurant is known for its unique and simple concept of being a self-serve sushi bar with varieties of dishes.
It has attracted many repeat customers from the nearby offices and residents in the community.
The professionally designed restaurant of 4,580 square feet, offers an additional 1,000 sq ft that includes an outdoor patio. The seller spent upwards of $800K on leasehold improvements, furniture, fixtures, and equipment when it was first built.
The restaurant has been profitable since it was established in 2009. Even if its revenue and profit have been impacted by the road construction in the front of the restaurant since 2022, revenue for the year 2023 was still $1,298,486 with an SDE of $258,050.
The owner is selling to enjoy more freedom to spend time with family and travel after years of dedication to the restaurant industry.
SBA loans are pre-approved. Rare opportunity to acquire one of the top grossing restaurants in the area at a low price.
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Property Features and Assets:
Monthly Rent: $13,250.82
Square Units (Foot, Meter): 4,580
Lease Expiration Date: April 29, 2029, 10:00:00 PM
Terms Options: Renewable 5 year
Facilities:In good condition
The rent of 13,250.82 includes $9,541.67 of base rent, Property Tax of $1,483.66, $1,773.94 of CAM (including Water&Trash) and insurance of $451.55.
Market Competition and Expansion:
Competition:
 Profitable since it was established in 2009.
 Unique and simple business concept with low food cost and easy operations.
 Excellent location in a major shopping center.
 Great reputation and ratings.
 Same owner and same location since opening.
 Friendly and experienced staff.
 Clean and great atmosphere.
 Serves beer and wine.
 Excellent loyalty among its customers.
 Been always recognized for their outstanding Sushi cuisine.
SBA loans are pre-approved. Rare opportunity to acquire one of the top grossing restaurants in the area at a low price.
Expansion: There is big potential to grow if the new buyer improves the management. There is also potential to grow by adding a variety of food to the menu. Minimal marketing is done, and proactive marketing methods are needed to fully utilize to achieve maximum income potential and there are many ways to proactively market this business such as direct mailing, flyers, social media outlets, coupons, and daily specials.
Reason for Selling:
Change of business focusAdditional 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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