Profitable Fusion Restaurant with Absentee Ownership


$1,199,000
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.
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