33 Yr. Est. Delivery and Dine-in American Chinese and Sushi Restaurant

Dallas County, TX
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Asking Price:$629,000
Gross Revenue:$1,522,803
FF&E:$300,000
Cash Flow:$391,632
Inventory:$15,000
Established Year:1986
BUSINESS DESCRIPTION

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.

Listing ID #001124


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Dallas County, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,834
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
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.
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 establishment’s delivery service business. The new owner can utilize this already concrete foundation to grow
Financing
100% cash at the time of closing or 20% Cash Down with SBA Financing for Qualified Bu
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 for Selling
The owner is committed elsewhere and has no time to manage this business.
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