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Details - Information last confirmed on September 10, 2020
Prime location Japanese Sushi & Hibachi restaurant placed in the central business district of the North Fort Worth area is now available for acquisition. This business was established by the current owner in 1997. The business is located in a 3,200 SF space of a retail strip center anchored by nationwide grocery. This area is known as the commercial and business district of this city, with strong retail areas surrounded by a full of national retail stores, numerous businesses, and fast-food restaurants, which creates tremendous foot traffic. Competition can be expected for the industry this business is within, but this is the only Japanese restaurant in the immediate market area that also serves Hibachi. This restaurant offers various quality Japanese foods ranging from Kitchen & Sushi Appetizers, Soup & Salad, Sushi & Sashimi, Sushi & Bento Lunch Specials, Dinner Specials, Kids Menu, Sushi & Bento Dinner, Regular Rolls & Hand Rolls, Vegetarian menu, Hibachi grill, alcoholic beverage, etc. For these reasons, this business has built its strong customer base that has been accumulated in the last 23 years of operation. Most of the customers are middle and upper-class individuals and families and consist of a well mix of ethnic groups from the surrounding densely populated residential neighborhoods, while the Caucasian customers are still predominant for this business. Gross sales of this Japanese restaurant have been consistent for the last several years running at around 90K-100K per month even during the pandemic by providing quality products at affordable prices and personalized services. It is an interesting feat that the restaurant has generated consistent sales of 90K-100K per month despite not doing any pro-active marketing for years. A new owner can expect a considerable increase in sales if he/she utilizes various marketing methods appropriately. Delivery can increase the business by far as the demand for delivery and take-out service is growing faster than ever, especially after the COVID-19 outbreak. Marketing efforts on increasing catering business to corporate offices and headquarters, medical offices, car dealership, and churches nearby can also significantly improve the sales as the catering business has remained untapped. This is an excellent opportunity to acquire a well-established Japanese Sushi & Hibachi restaurant for a potential buyer looking for a relatively unaffected business by COVID-19 and still has a great potential to grow.
Furniture, Fixtures & Equipment: $80,000 (Included in listed price)
Inventory: $8,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 1997
Facilities: This business is in a 3,200 SF space of a retail strip center anchored by a high-end nationwide grocery. It is located next to an intersection surrounded by many national retailers with heavy traffic and a densely populated residential area. The intersection is known as the prime spot with an enormous strong presence of grocery, retailers, and offices.
Support/Training: The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
Reason Selling: The owner is currently operating two businesses and wants to focus on only one business as a part of the preparation for retirement.
Competition: There is no direct ...
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.