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- RE: Two Profitable Japanese & Chinese Restaurants HTX
- Contact: Austin Zhao
Quick Facts
Asking Price: | $1,210,000 | |
Annual Revenue: | $2,979,912 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $893,646 | |
Total Debt: | Not Disclosed | |
FF&E: | $300,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 30 | |
BBN Listing #: | 980011 | |
Broker Reference #: | 76931-286579 |
Business Overview:
Two popular restaurants—one established in 2009 and the other in 2020—each offering a distinctive dining experience across the street from one another in a major Houston shopping center. Owned by the same proprietor, the two establishments have built a loyal following among local office workers and residents with their unique, self-serve concepts.
The Chinese restaurant, established in 2020 provides an inviting, casual dining experience with a wide selection of authentic dishes, allowing guests to explore flavors at their own pace. Across the street, the Japanese restaurant, established in 2009, specializes in sushi and Japanese small plates, with an easy-to-navigate dining format and an option to order special items. Known for their fresh, flavorful offerings and convenient setup, both restaurants have become local favorites, offering quality meals in an enjoyable atmosphere. The current owner oversees management, hires new staff, and handles purchasing.
The current owner invests approximately 20 hours per week in the business performing duties. Both restaurants can be purchased together or separate. SBA pre-approved.
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 two top grossing restaurants in the same area at a low price.
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Property Features and Assets:
Monthly Rent: $26,750.82
Square Units (Foot, Meter): 8,525
Terms Options: 5 Years with 3% increase
Market Competition and Expansion:
Expansion:
There is 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.
Reason for Selling:
The owner is selling to enjoy more freedom to spend time with family and travel after years of dedication to the restaurant industry.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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