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New age fast-casual high capacity ramen restaurant has been listed for your acquisition. This 3,152 SF endcap space is located in a busy retail strip center in a North Dallas suburb. Due to the retail strip center being positioned adjacent to a major highway, this area has been evolving into an epicenter for Asian restaurants and retail businesses. Anchored by major Asian supermarkets and restaurants, this establishment enjoys free foot traffic from its immediate surroundings. The exterior of the end cap building is relatively simple and is adorned by sizable signs on either side of the building. The interior is a spacious but organized place, equipped with four types of seating: bar top, classic table seating, booth seating, and roomy izakaya-style booths. All furniture and fixtures have a wooden finish that upholds the aesthetic of a traditional Japanese ramen shop. This facility is well-equipped and can easily be converted into different types of business due to its versatile and quality assets. Since the restaurant was newly established in 2019, all assets, especially kitchenware and accessories, are new and well-kept, providing a solid foundation for the new acquiring owner. Though there is competition due to other hubs of Asian businesses around the general area, a ramen shop dominating the immediate market does not exist within the competitors. This void of quality ramen shops opens up the potential opportunity for the new acquiring owner to fill this vacancy and shake up the market through diligent hard work and innovative products. Third-party delivery services are already being utilized for delivery services and basic advertisement, but owner involvement in marketing and operational functions could lower operating costs and increase potential growth. Currently, this business is operating with minimal to no owner contact, but with more hands-on involvement, potential revenue can skyrocket. Listing ID #001143 For more info, please call Kevin Chung at 1-866-519-2421. Location: Collin County, Texas Year Established: 2019 Number of Employees: 1FT/3PT Facilities: This establishment is located in a 3,152 SF endcap space in a retail strip center in the North Dallas area. Market Outlook/ Competition: The competition exists in close proximity but none are dominating the market thus creating an opening for the new acquiring owner to fill the role. This facility is also similar or larger than that of the existing competition. Growth & Expansion: Personalized local advertisements for the business will create new revenue streams and will be hugely beneficial to the growth of sales. Owner involvement in marketing and operational functions would lower operational costs and thus creating potential growth.
Listed: Apr 18, 2022
Updated: 2 weeks ago
Views: 5
Favorites: 0