Dinner only hibachi and sushi restaurant for sale with a prime location and consistently growing sales is now available for acquisition. This sushi and hibachi restaurant was established in 1998 and later acquired by the current owner in 2019. The location is prime, easily accessible, and highly visible from the main street. There is ample foot traffic in the immediate area as the business is located within a bustling retail strip center anchored by a large nationwide retail store along with many other small businesses. Additionally, the business is heavily surrounded by upscale single-family homes in all directions. The customer base is primarily Caucasian families with high incomes that are regulars to this well-established restaurant. There are no direct competitors nearby, enabling this restaurant to capture the majority of the available market share readily. The menu closely aligns with most other hibachi restaurants. It consists of various appetizers and entrees such as egg rolls, salads, tableside hibachi, steak, chicken, fried rice, Lo Mein, beer & wine, complete with a sushi bar. This full-service restaurant is currently only open during dinner hours since the pandemic without seeing much loss in sales. There is minimal marketing in place through a social media page, positive Google and Yelp reviews, and word of mouth. Proactive marketing efforts would benefit this business significantly. There are several ways to market this business, including social media marketing, offering happy hour, investing in an official website, creating a more substantial online presence, and some direct marketing (coupons, door hangers, etc.). The growth outlook is undoubtedly bright, considering the rapid growth of the DFW population along with nearby housing developments and mixed-use projects underway close to this business. Additionally, the hours of operation can be expanded to include lunch hours, and third-party delivery and catering options can be explored. This hibachi and sushi restaurant is the perfect fit for an experienced owner-operator seeking an established restaurant in a prime location with room for growth.
- Asking Price:
- $500,000 Furniture / Fixtures included
- Sales Revenue:
- Cash Flow:
- Real Estate:
The location is easily accessible, highly visible, and surrounded by single-family homes and businesses; this is a prime location for a restaurant. Also, the local area is continuing to grow with additional housing developments and mixed-use projects underway. The restaurant occupies 4,300 SF which can accommodate up to 166 customers. All of the equipment is in excellent condition.
- Size in square feet:
- 4,300 SF
- Expansion Potential:
The restaurant is only open for dinner hours; hours can be expanded to increase sales. Additional marketing efforts, offering hard liquor, cocktails, sake, happy hours, 3rd party delivery, and daily specials, can also help to increase revenue.
- Competition / Market:
There are other restaurants but no direct competitors for this hibachi restaurant in the nearby area.
- Reasons for selling:
- Years established:
- Support & training:
The owners will provide 2 weeks of training to enable a smooth transition into the business.
- Financing available:
100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
- Furniture / Fixtures value:
- $75,000 - included in the asking price
- Inventory / Stock value: