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Established and Profitable Japanese Restaurant in Houston

Houston, TX
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Asking Price:$455,000
Gross Revenue:$1,298,483
Rent:$13,250.82/Month
Established Year:2009
Cash Flow:$295,752
Inventory:$10,000
FF&E:$100,000
Listing ID: 2242042Listing provided by BizBuySell
BUSINESS DESCRIPTION

Excellent Brand. Very profitable main street business!

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-226002

Up for sale is a Japanese sushi bar. Established in April of 2009, this popular local favorite is in a major shopping center in Houston. The restaurant is known for its unique and simple concept of being a self-serve sushi bar with varieties of dishes.

It has attracted many repeat customers from the nearby offices and residents in the community.

The professionally designed restaurant of 4,580 square feet, offers an additional 1,000 sq ft that includes an outdoor patio. The seller spent upwards of $800K on leasehold improvements, furniture, fixtures, and equipment when it was first built.

The restaurant has been profitable since it was established in 2009. Even if its revenue and profit have been impacted by the road construction in the front of the restaurant since 2022, revenue for the year 2023 was still $1,298,483 with an SDE of $295,751.

The owner is selling to enjoy more freedom to spend time with family and travel after years of dedication to the restaurant industry.

SBA loans are pre-approved. Rare opportunity to acquire one of the top grossing restaurants in the area at a low price.

DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,580
Lease Expiration
29/04/2029
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Renewable 5 year Facilities: In good condition The rent of 13,250.82 includes $9,541.67 of base rent, Property Tax of $1,483.66, $1,773.94 of CAM (including Water&Trash) and insurance of $451.55.
Competition
? Profitable since it was established in 2009. ? Unique and simple business concept with low food cost and easy operations. ? Excellent location in a major shopping center. ? Great reputation and ratings. ? Same owner and same location since opening. ? Friendly and experienced staff. ? Clean and great atmosphere. ? Serves beer and wine. ? Excellent loyalty among its customers. ? Been always recognized for their outstanding Sushi cuisine. SBA loans are pre-approved. Rare opportunity to acquire one of the top grossing restaurants in the area at a low price
Growth & Expansion
There is big potential to grow if the new buyer improves the management. There is also potential to grow by adding a variety of food to the menu. Minimal marketing is done, and proactive marketing methods are needed to fully utilize to achieve maximum income potential and there are many ways to proactively market this business such as direct mailing, flyers, social media outlets, coupons, and daily specials.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
The owner is selling to enjoy more freedom to spend time with family and travel
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Austin
Zhao
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Austin Zhao
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