Traditional Japanese Bistro With Sushi Bar

Dallas, TX (Dallas County)

Seller Financing Available
Traditional Japanese Bistro With Sushi Bar
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Asking Price: Get Financing: $185,000

Cash Flow: $75,000

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $50,000

Inventory: $5,000

Established: 2016

Traditional Japanese Bistro With Sushi Bar

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Business Description

Authentic Japanese Izakaya that serves tapas in a traditional Japanese-style atmosphere and seating arrangement with a sushi bar is available for acquisition. This business was originally established in early-2016 by the current owner of the business. Most of the customers are upper-class Asian individuals and office employees that have an immense amount of disposable income to regularly visit this business on a weekly-basis that live in the surrounding densely populated residential neighborhoods. Gross sales average in 2018 is $48,000/month that has drastically increased in 2017 since expanding to a bigger space in July and active word of mouth spreading within the immediate market area. The only marketing methods that is currently in place is through Japanese newspaper, but other local proactive marketing tactics needs to be fully utilized for this business to achieve maximum income potential and grow the customer base by reaching out to untapped areas within the local city. Competition is usually expected for this type of business, but this business has a concept that differentiates itself from the competition that provides average and common menu items. There are many ways to proactively market this business such as direct mailing, social media outlets, door hangers, happy hour, daily specials and placing management to oversee daily business operation. Having management in place is extremely helpful in growing the business while the owner fully focuses on proactively marketing the business to increasing customer acquisition. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Listing ID #000710
For more info, please call Kevin Chung at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Employees:
6PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 2,100 SF retail strip center that is placed next to a busy intersection that has many residential neighborhoods of houses and apartment complexes. All equipment is in impeccable condition and in working order.
Competition:
There is no direct competitor that is within the immediate market area that competes with the same concept or cuisine.
Growth & Expansion:
Some marketing is in place through newspaper ADs, but online and local marketing efforts is needed to allow this business to reach maximum income potential.
Financing:
100% down at the time of closing, 70% Cash Down with Owner Financing or 30% Cash Down
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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