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Upscale Hibachi & Sushi
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $840000
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will train buyer for a seamless transition.
Reason for Sale Seller wants to pursue other opportunities.
Description Upscale Hibachi & Sushi located in high income area of Tarrant County is now available for acquisition. This gorgeously and modernly-designed restaurant offers hibachi grills (8 hibachi tables), full bar, and sushi bar to customers. Since the inception in 2004, it has built a great reputation as one of the best hibachi grill and sushi place in metroplex. Sales have been steady in this hard economy, and these sales are very interesting feat. considering the fact they do not even open both lunch for Sat. and Sun. Currently, it is an owner absentee operation which means there are lots of room that can be enhanced if this restaurant receives detailed attention from hands-on owner. Most employees have been highly trained and skilled and been with the current owner for a long-time. Reviews on this restaurant have been highly rated by numerous customers. Steady sales without any proactive marketing, highly trained staffs, and gorgeous interior all these play roles in making this restaurant successful. If you are interested in acquiring a successful high-end hibachi and sushi restaurant business, this is a great opportunity.
Asking: $295,000
Furniture, Fixtures & Equipment: $200,000 (Included in listed price)
Inventory: $15,000 (Not Included in listed price)
Financing: Third party financing with 30% down
Facilities: Occupied in a 4,253 SF of retail stand-alone building which is part of power a center anchored by multiple national retailers. The restaurant has been very efficiently laid out, not letting any space sit idle. Hibachi and Sushi area are divided by a wall which provides unique separation between family customers for hibachi and customers for sushi and bar under one roof.
Competition: 1 direct competitor found in this area.
Growth And Expansion: No pro-active marketing is currently conducted. Sales can be instantly increased by opening Sat and Sun lunch.
Primary Phone: 972-247-3202 or 866-519-2421
Click Here To Contact Seller
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