Japanese Fusion Buffet and To-Go Restaurant in Upscale N. Dallas

Denton County, TX

Japanese Fusion Buffet and To-Go Restaurant in Upscale N. Dallas
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Asking Price: $99,000

Cash Flow: $65,347

Gross Revenue: $428,224

EBITDA: N/A

FF&E: $75,000

Inventory: $5,000

Established: 2012

Japanese Fusion Buffet and To-Go Restaurant in Upscale N. Dallas

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Business Description

Japanese-style buffet and to-go restaurant placed in a prime location of a wealthy city is available for acquisition. This business was originally established half a decade ago in 2012 by the current owner of the business. Most of the customers are young families with children in K-12 grade from the surrounding school campus as well as residents from the surrounding densely populated neighborhoods. Net sales in 2017 was $515,700/year that has been fairly steady for the last several years of operation with some marketing done with 3rd party delivery services and loyalty programs. Although some marketing was done to grow the business in sales, other proactive marketing methods needs to be fully utilized to generate more cash flow and acquire new customers. Competition can be expected for buffet-type restaurants, but this business provides an extremely affordable price point with a great selection compared to the other buffets in the area. There are many ways to proactively market this business such as direct mailing, coupons, delivery service, catering, social media outlets, more selections and full-time owner. Full-time owner involvement will allow the owner to cut unnecessary payroll expenses on management and allow for quality control in customer interactions as well as quality of products. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day operations of the business.

Listing ID #000601
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Employees:
5FT/4PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 3,200 SF retail strip center surrounded numerous retail businesses that brings consistent foot traffic. All equipment is in impeccable condition and in working order.
Competition:
There is no true competitor within the immediate market area of this business.
Growth & Expansion:
Some marketing is done through loyalty programs and 3rd party delivery service, but other proactive marketing tactics needs to be utilized to generate more cash flow and acquire new customers.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason for Selling:
Other Opportunities
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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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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