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Profitable Fusion Restaurant with Absentee Ownership

RestaurantFor sale in San Angelo, TexasEst. 201721 employees
Profitable Fusion Restaurant with Absentee Ownership
Photos on request

$1,199,000

For Sale
Asking price
  • Training included

    The seller will help you get up to speed after closing.

About this business

Unique modern Fast Casual Mexican/Japanese Hibachi Fusion Restaurant established in 2017 in San Angelo, Texas. Successful since inception with year-on-year growth. Located in a 2400 SF freestanding building offering dine-in, drive-through, and delivery services. Absentee owner business run by an excellent team of 21 employees, requiring only 4 hours weekly oversight. Voted city favorite restaurant multiple times. SBA preapproved.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$1,199,000
  • Annual Revenue$1,578,689
  • SDE$306,000
3.9×
Price to SDE
0.8×
Price to revenue
19%
SDE margin
Annual Profit
$306,000
Approx. Inventory Value
$5,000
Approximate FF&E
$50,000

Details

2017
Established · 9 yrs
21
Employees
Restaurant
Business type
Leased
Premises

Financing & transition

Training after the sale
Included
Cost
Free
Duration
4 weeks

Property & lease

Premises
Leased
Rent (monthly)
$6,500
Lease Expiration
Jan 30, 2027

Where it is · San Angelo, Texas

Somewhere in San Angelo, Texas. The exact address is not on this listing.

Somewhere in San Angelo, Texas

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