BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
$650,000
Furniture, fixtures and fittings included.
Turnover / revenue:
$520,000
Net profit / cashflow:
Undisclosed
Years established:
1
Number of employees:
3
OTHER DETAILS
Reason for selling:
other business interests
Support and training:
Owner will transition the Company on an as needed basis following an initial training period
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
This recently opened Japanese Fast Food restaurant has proven to be a successful operation since its opening mid year 2019. This is a franchise operation that can be sold individually by the owner. Daily reciepts are growing monthly due to major company employees moving into the area and across the street. The build-out is immaculate and pleasing to customers and outside facilities are currently being completed for outside dining. Currently there is no outside delivery services, but as the business demands increase, local area (within 4 blocks) delivery service would exponentially grow revenues for the lunch time customers.
Expansion Potential
Marketing, opportunities for growth are unlimited due to the influx of permanent workers with large companies moving into the area. The owner agrees that a full time owner/manager and adding a stand-a-lone website along with social media advertising (Facebook, Twitter), Google advertising and soliciting the growing demands through outside sales delivery, (Local & Food Truck) would help meet the current demand and solidify the future growth of the Business.
Market / Competition / Non-Competition Agreements
Competition is nominal in the area although this Japanese fast food restaurant is "one of a kind" in this total business and apartment living area.