Seller's Contact Information
- RE: Teriyaki QSR Restaurant In SW Idaho
- Contact: David Choate
Quick Facts
| Asking Price: | $600,000 | |
| Annual Revenue: | $852,423 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $220,730 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 8 | |
| BBN Listing #: | 49384955 | |
| Broker Reference #: | 8304-18023 |
Business Overview:
This wonderful franchise has over 25 years in Asian cuisine business. They use family recipes that have been skillfully passed down through the ages, using the freshest ingredients. They bring the taste of Asia right here to the treasure valley. Business has been in operation in same location for 8 years. Current owners have owned business for three years and built up sales tremendously.
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Property Features and Assets:
This business is located on a busy arterial street with about 34,000 VPD (ITD 2022). It has great access to the interstate and a lot of small businesses surrounding it. There is a mall across the street and 200 units of new apartments just went in across the street as well. It is located in a well maintained strip center next to Coldstone Creamery in approximately 1,589 square feet. There are many car repair facilities nearby so captive customers waiting for car to be repaired. Assets = $50,000
Market Competition and Expansion:
There is no direct competition within the immediate area. Food is made to order whereas similar restaurants have batches of food ready to go that sit out until it gets served. The restaurant feels their superior customer service is what puts them in a class above. What could the Company do to increase revenue? Market to tenants of the large apartment complex, located across the street. (To be completed end of year.) Marketing and flyers to large companies with employees taking lunch breaks close by. Catering increase to local schools and programs. What could the Company do to increase profitability? Continue to provide excellent. customer service. Build a strong relationship with local community and business owners. A Buyer could reach out to the chamber of commerce in Nampa and Caldwell, maybe join one of their groups. Join a local networking group. Work together with BBSI to form greater partnerships with local companies they support. Provide donations and voluntary community events to build stronger relationships.
Reason for Selling:
Owner wants to do different type of venture.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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