Asian Restaurant For Sale - Dallas, Texas, TX

PROFILE: Owner Absentee Asian Fusion Restaurant In Major Mall

AD/LISTING INFORMATION
Status: Available
State: Texas
Location: Dallas Metro
County: Dallas
City: Dallas
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  127276
Seller Or Contact:  Moon Kim
Primary Phone:  972-247-3202
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  7/6/08
Date Ad Last Revised:   7/29/08

FINANCIAL INFORMATION
Asking Price: $255,000
Down Payment: Call
Annual Revenue: $628,046
Annual Adjusted Net: $121,972
   
Price Range: $250,001-$500,000
DETAILED INFORMATION
Franchise: Yes
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: Financial Information
Asking: $255,000
Gross: 628,046
Cash Flow: $121,972
Furniture, Fixtures & Equipment: 150,000
Inventory: 5,000 (Included In Price)
Financing: Assumable Loan Available To A Qualified Buyer.

Summary Description
A Highly Profitable Modern Asian Fusion Restaurant Being Operated With Very Minimal Involvement Of Owner Is Now Available For Acquisition With A Modest Initial Investment As Assumable Loan In Place Is Available For Qualified Buyer. The Restaurant Mainly Serves Asian Fusion Foods Including Freshly Prepared Appetizers, Salads, Soups, Noodle, Rice Dishes, Stir-Fried, Steamed Or Grilled Meats & Vegetables. Being Located In The Hub Of This Major Open Mall, The High Visibility Of The Restaurant Draws A Lot Of Customers From Tremendous Traffic Flows Passing By Especially Over Weekend.

General Information
Facilities: The Restaurant Is Being Occupied In A 2,561sf Of Highly Visible Space Of Major Mall (Town Center) With National Retailers Like Macy, Dillard, And More. Gorgeous Interior Of The Restaurant Is Embedded With Modern Style Furnitures, Fixture, And Decorations. Immaculately Maintained Kitchen With A Full Of Top Of Line Equipment Is Open To Customers For Them To Enjoy Watching Their Ordered Foods Being Made.
Competition: Being Located In Major Mall, There Is No Direct Competitor Who Is In Same Type Of Restaurant Business In The Mall. As Asian Restaurant, Only One Japanese Restaurant Is Found In The Mall, But There Is One Asian Restaurant Found Outside The Mall Who Can Be Considered As A Direct Competitor.
Growth And Expansion: Being Owner Absentee Business, More Pro-Active Involvement Of Owner In The Restaurant In Terms Of Marketing, Operation, Etc Is Needed To Increase Sales And Profit Thus Reaching Its Full Potential. Catering Business Is Another Market That Can Be Tapped By New Owner To Boost Sales.
Support/Training: Seller Will Provide An Adequate Training For A Smooth Transition.
Reason Selling: Other Interest.
Year Established: 2005
Employees: 5 Ft / 7 Pt

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Resources

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