$75K-Seller Financing-High Volume Carry-Out & Dine-In

Akron, OH

Seller Financing Available

HX Man
Asking Price:$75,000
Gross Revenue:$200,000
Rent:$1,800/Month
Established Year:2014
Cash Flow:$20,000
Inventory:$2,000
FF&E:$25,000
BUSINESS DESCRIPTION

Today is all about food delivery. More people are ordering food to go than ever before and this business has altered its business plan to cater to the needs of today's demand. Located in the Portage Lakes area this clean operation has spent thousands in the budget towards advertising the food delivery side of the business and it is paying off. The absentee owner has been very successful with opening and managing 9 locations. He is now moving towards retirement and has only a few stores left to sell. This established location has had a recent makeover inside and out with newer equipment, signage, and much more. Great low rent is very appealing. Please text Richard at 216-870-3210 with your name and email address for faster replies regarding this business. All inquiries must sign an NDA-Non Disclosure Agreement before releasing any information by request of our seller clients. I can send you an electronic version for easy signing on your phone, tablet, or computer. Thank you


DETAILED INFORMATION
Location
Akron, OH
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,500
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Hibachi Xpress runs out of a 900-square-foot stand-alone building with ample parking. Plenty of signage and street exposure. The property is located in a high-volume traffic area both by car and by foot. 80% or better of the success of this business is carry-out and food delivery services.
Competition
Current market conditions do not lend to the old-school analysis of completion by the way of who is down the street as much as who is playing in today's game of strategic marketing. If the current business owner is participating in the current trends such as late-night food ordering and food delivery service then this carry-out business will shine well above the nearest competition.
Growth & Expansion
Addition of a good Sushi Chef and an expanded menu.
Financing
Seller will accept 50% down and carry 50% at negotiable rate for negotiable term base
Support & Training
The owner will train the buyer with recipes, preparation, supply ordering, and all that is necessary to run the day-to-day operation. This will also include phone support after the initial training ends.
Reason for Selling
Owner is retiring
Report an Issue with this listing
profile-img
Richard
Farina
logo-img
Richard Farina