Fast-Food Chinese Restaurant with New Location #000234

Dallas, TX (Dallas County)

Fast-Food Chinese Restaurant with New Location #000234

Asking Price:$275,000

Cash Flow:$150,974

Gross Revenue:$569,680

EBITDA:N/A

FF&E:$100,000

Inventory:$3,000

Established:2006

Fast-Food Chinese Restaurant with New Location #000234

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Business Description

Established in 2006 by the current owner and relocated in June of 2013 to the new location across the street, a Fast-Food Chinese Fusion Restaurant is now available for acquisition. Before the relocation, the business had monthly sales of $38k-$41k with a sales boost of ~25% increasing to $49k-$53k a month after relocation. Provided with brand new equipment at the new location which has been maintained immaculately for quality food production and presentation has greatly increased sales with the help of the new location being an "end-cap" space of the retail strip center. Customer base consists of many individuals coming from high-end North Dallas area that mainly consists of Caucasians (80%) and other regulars of different ethnic groups (20%). Sales have greatly increased, but with more consistent marketing which includes Groupon, Direct mail through USPS and Door hangers will boost the sales immensely. While there's one competition right across the street, this doesn't affect sales in any form since the products and quality distinctively differ from its direct competitor. Products such all-round variety of Chinese Cuisine, Touch of Fusion between Vietnamese and Thai Cuisines, and a Diverse array of Appetizers. This is an opportune moment to grab a hold of this 1,600 SF Fast-Food Chinese Restaurant.
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Employees:
6FT/2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Since the relocation into the current location, all new equipment has been bought and maintained immaculately. With the current location being the "end-cap" space with 1,600 sq ft of the retail strip center providing great visibility for all-round view through the streets this new location boosted sales greatly.
Competition:
One competitor right beside the restaurant, but both businesses serve distinctively different food products.
Growth & Expansion:
The business is currently marketing through direct mail through USPS, Door Hangers, and Groupon. Sales will grow if more variety of Asian cuisine is added onto the menu, but sales will increase more if the current marketing becomes more consistent.
Financing:
100% cash at the time of closing or 50% cash down with 50% SBA financing.
Support & Training:
Owner will provide necessary training for a smooth transition into the business.
Reason for Selling:
Current owner is having health issues and wants to retire.

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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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