Seller's Contact Information
- RE: Poke N Sushi Roll Restaurant In Upscale Dallas
- Contact: Moon Kim
- License #: 567204
Quick Facts
| Asking Price: | $260,000 | |
| Annual Revenue: | $605,630 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $172,304 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 3 | |
| BBN Listing #: | 304719188 | |
| Broker Reference #: | 001212 |
Business Overview:
Modern Quick Service restaurant located in the hub of the prime location of high-end north Dallas is available for your acquisition. If you're looking for a restaurant with simplicity and a great location, you don't want to miss out on this opportunity. This restaurant is in a multi-story retail center consisting of a very well-mixed tenant base and anchored by a nationwide fitness center in one of the busiest intersections of Dallas (customer base has a great mixture of the younger crowd from the nearby campus, workers from the nearby area and wealthy residential neighbors located blocks away from the restaurant). Menu items of this restaurant consist of (95% Cold Foods, this restaurant does not contain a vent-a-hood or a normal kitchen as 95% of menu items consist of cold ingredients that are put together when an order is received) Poke, Sushi rolls, Salad, and sushi (rolls and sushi at this restaurant are designed to be easily made so anyone can learn quickly.) This restaurant is a counter service that focuses on takeout, delivery (3rd party sites), and pick up so there is very little dine-in, and does not require servers, chefs, and minimal dishes. The restaurant was established by the current owners in 2018 and had some hiccups during Covid-19 (limited hours of the restaurant by closing lunch until recently) but has now recovered with consistent growth. There’s a huge growth potential for this restaurant as they have just reopened its lunch hours (sales are consistently growing), this restaurant has an incredible 4.9 google star review but is underutilizing its social media, and a buyer can add a separate menu (Party trays with multiple rolls, selling deconstructed poke by the pound for corporate lunches, events and catering can be added to acquire wholesale accounts.) to increase revenue for this restaurant. This restaurant is a great opportunity for a buyer looking for an established restaurant with simplicity and much room for growth.
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Property Features and Assets:
Location, Location, Location! Located in one of the busiest intersections of Dallas, this restaurant is on the first floor of a multi-story retail center that consists of a very diverse mix of tenants (various tenants bring diverse customers) and is anchored by a 24-hour fitness center that is located on the 3rd floor. This retail center consists of underground parking for customers and brand new storage shed that is used as extra storage (for dry goods) for the restaurant. / Inventory: $5,000 (Included in listed price).
Market Competition and Expansion:
Competition: There is competition in the area but this restaurant is located in the hub of the prime location of North Dallas with affluent neighbors. Unlike the other competitors within the area, the menu items consist mainly of cold products (only 5% require a toaster oven to cook) so a typical hot kitchen is not needed. The menu is set up with trainability in mind and is able to be teachable to anyone without prior food handling experience. This allows the restaurant to be able to have less training time, easier operations, and faster service. Growth and Expansion: This restaurant has huge potential for growth as lunch has been closed from the start of Covid-19 until June of 2022. With re-opening lunch, the sales are 60k/month and are poised to grow continuously. The key to growing this restaurant will be keeping the consistency of its food and quality, and the speed of being able to serve its growing lunch crowd. The restaurant currently has a 4.9 google star review and does have a social media presence but could be improved (current owners are older and are not able to keep up with the pace of modern social media) with content and customer engagement.
Reason for Selling:
Burn-Out and Retirement.
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
Documents:
Relevant Links:
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