Profitable Asian Restaurant In Prime Location

Business Overview:

It is a profitable Asian restaurant that has established their strong positioning in the highly competitive industry. Their main specialties are Asian food and they are open 6 days a week. This is an opportunity to step into a successful turn-key restaurant without investing in hundreds of thousands in tenant improvement and marketing efforts. The restaurant is popular among the locals and neighboring cities with waiting time up to two hours during the holiday season.

The business has been around for more than 13 years in the same location and has built a reputation as a high quality Asian and sushi restaurant throughout the locals and the neighboring towns. The menus might change throughout the 13 years but they maintain their brand as a restaurant with high quality products and service.

There is an opportunity to expand the catering offering through third party catering services in addition to current words of mouth and repeat customers. New owners should also strengthen their social media presence, adding regular specials, and using incentives to increase traffic. The location is prime and although it is a mature neighborhood, there is a high-density apartment complex set to be built within 12 months.

Their main strength is the ability to maintain the high quality of their expansive menu offering. They have set up a catering capability in addition to take out and dine in. They have key employees that have been with them for more than 10 years who will stay with the business. The locals have been loyal and supportive during the covid time and it has been key to the growth over the years.

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