Two Japanese Fusion Buffet and To-Go Restaurant in Prime Locations

Dallas, TX (Dallas County)

Two Japanese Fusion Buffet and To-Go Restaurant in Prime Locations
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Asking Price: Get Financing: $240,000

Cash Flow: $156,304

Gross Revenue: $913,120

EBITDA: N/A

FF&E: $150,000

Inventory: $10,000

Lease Rate: N/A /SF

Established: 2007

Two Japanese Fusion Buffet and To-Go Restaurant in Prime Locations

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Business Description

Prime 2-location Japanese-style buffet restaurant with pay-per-pound to-go service is available for acquisition. The first business location was originally established over a decade ago in 2007 and was later renovated a year later to the current buffet-style concept by the owner of the business. The second location was established half a decade ago by the current owner of the business in 2012. Most of the customers at both locations are mainly students and young families that live in the surrounding densely populated residential neighborhoods as well as attend school in the nearby districts. Net sales in 2017 was $1,042,848/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 both businesses 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. Additionally, the second location doesn't have any competitors within the immediate market area that does any buffet-style concept. There are many ways to proactively market these businesses 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. These businesses have everything in place for a potential buyer to proactively market each business location while being fully involved in the day-to-day operations.

Listing ID #000602
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
8FT/14PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The main location is placed in a 2,500 SF retail strip center surrounded by numerous retail businesses that brings immense foot traffic. The second location is placed in a 3,200 SF retail strip centers with many school districts and populated neighborhoods. All equipment at each location is in impeccable condition and in working order.
Competition:
Few competitors are within the immediate market area of the main location, but this business provides an extremely affordable price point for their buffet-style restaurant while the competition lacks in reasonable price points for their average products. The second location has no competitor within the immediate market area.
Growth & Expansion:
Some marketing is done at both locations 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 both businesses will provide the necessary training needed to smoothly transition into the business operations.
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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