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Businesses For Sale > Business For Sale in North Dallas, Texas (TX)
33 Yr. Est. Delivery and Dine-in American Chinese and Sushi Restaurant for sale in North Dallas, TX
North Dallas, Texas (TX)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 629,000 |
$ 1,522,803 |
$ 391,632 |
Furniture and Fixtures Value:
$ 300,000 (included in the asking price)
Inventory Value:
$ 15,000 (included in the asking price)
Real Estate:
(not included in the asking price)
Business Summary:
Restaurants for sale serving Asian fusion. A modern Chinese and sushi fusion restaurant in the middle of a North Dallas business hub has been listed for your acquisition. This restaurants for sale serving Asian fusion was established in 1986 and has since expanded and cemented its standing as a distinguished local landmark. Equipped with 30+ years of experience, over 150 accumulated recipes, and a well-established customer base, it is not a surprise that this business has generated revenue even amidst the global pandemic. This 7,834 SF fully-equipped restaurant is in the front corner of a mixed retail-office building next to other attractive street-facing retail businesses. Office spaces in the back of the mixed retail-office building and nearby residential areas fuel this restaurant with an immediate and intimate stream of customers. Though established in the late 80s, a sizable dine-in area, full bar, and a large banquet hall with sound and visual systems for customer usage bring this establishment to the modern present.The air conditioning units were replaced in 2015 with ten 6-ton "Trane" units, and the interior has been relatively maintained. High customer traffic to this complex is an inevitable by-product of being located between frequented social points and three major highways. Neighboring points of interest include a local community college, a well-known super mall, and a strip mall within walking vicinity. By serving a wide variety of food, such as American-style Chinese food, authentic Chinese food, desserts, authentic Japanese food, sushi, and alcoholic beverages, this establishment caters to a broader spectrum of preferences than its immediate competitors. The current customer base is a homogenous mixture of the upper-middle class. A greater portion of the customer base comprises white-collar workers from surrounding corporate businesses that utilize this establishment for a great and easy lunch option or a place to have dinner meetings with clients and colleagues. Competition is expected due to the sheer volume of restaurants in this particular city. Regardless of this fact, this establishment has shown dominance in the area, especially in delivery services. Even without proactive marketing, gross sales have been roughly $1.2 to $1.4 million for the last five to six years. Although many positive aspects can be mentioned about a business, keen business owners know there is always room for improvement. A proactive way for the new owner to help improve the business would be to create a more aggressive marketing campaign for companies requiring large-scale catering or banquets. The new owner could also consider shortening the menu into a more digestible, concise form to make the menu more visually appealing to customers. Creating a more concise menu could cut production costs by limiting unpopular items and creating specialization and signature dishes by focusing on top-selling items/styles of food. A visual revamp for the interior, exterior, and marketing information would help this establishment breathe new life. This Restaurants for sale serving Asian fusion is a great opportunity for restaurateurs and investors.For more info, please call Moon Kim at 1-866-519-2421.
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| Year
Business was Established: 1986 |
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| Number of Employees:
11FT/5PT |
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| Facilities / Terms of Lease:
This business is located in a 7,834SF SF of Retail-Office mixed building that is placed next to a heavy traffic intersection and numerous residential neighborhoods. The A/C system was replaced in 2015 with "Trane" units which is the top line in the industry. Kitchen equipment has been constantly updated and replaced. There is a full bar and a private party room. |
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| Potential
Growth/Expansion:
No marketing is done at the current moment except for email marketing. Still, more proactive marketing methods must be utilized to keep the business growing in sales and new customer acquisition. This establishment has garnered over 70,000 customers' information, including their names and address, logged into their database. 10,000 e-mail addresses have been accrued over the course of the pandemic, bolstering the longevity and consistency of this establishment뭩 delivery service business. The new owner can utilize this already concrete foundation to grow further this establishment뭩 influence and trust with the growing customer base. Applying the customer data in relation to marketing would be to create customizable and specific promotions based on location or frequency, send out electronic promotional flyers or group discounts, and gather demographic data to better cater to the core customer demographic. |
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| Competition:
Competition is expected in this industry, but this fully-equipped restaurant has dominated in Chinese delivery food market in the immediate area and has been successfully operated and, as a result, generated consistent revenue over 33 years, providing high-quality American Chinese food. |
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| Owner
willing to finance:
100% cash at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers. |
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| Owner
willing to train:
The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible. |
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| Reason for selling:
The owner is committed elsewhere and has no time to manage this business. |
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Seller Reference Number: 001124
BusinessMart.com Listing Number: 307665 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
V-AID Group
www.v-aidgroup.com
866-519-2421
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