$10,000,000.00
Asking Price
Address: San Jose, 95002.
Status: Active
Posting ID: 283775
11/9/23
Description
A group of 3 experienced-based restaurants located in tourism-centric cities (with a fourth opening soon) is available for acquisition by a larger restaurant group. The concept – a convergence of an American buffet and hibachi grill – creates a personal interactive dining experience for couples, families, and large groups that brings in more than $3 million in sales per location.
The entrepreneurs were the first/prime franchisee. Years later, they acquired the original restaurant and took over the entire enterprise. Instead of offering additional franchises, each of the three open restaurants is owned by the same group of people.
What provides a huge attraction for diners of every age and a great advantage for the owners is the semi-self-serve, low-server labor matrix that comes from not having a set menu.
A fresh market of ingredients inspires hundreds of combinations of meals that cater to personal diets, and individual tastes on any given night. Cooked right in front of them and served hot off the grill.
Based on nearly 4,000 total Yelp, Open Table, and Google reviews, the public perception regarding the restaurants, their customer service, and value have been very positive, averaging more than 4 stars.
An NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: The four locations average 5,100 square feet each. The East Coast restaurant is the largest with more than 7,500 sq. ft.; while the mountain location is the smallest at 3,500. It and the SoCal location each have an additional 2,000 sq. ft. or more, of outside dining area. Only one lease is coming up within the next year.
Competition: This chain of restaurants stands out from typical ‘all you can eat’ (AYCE) buffet restaurants, like Fogo de Chão, where the food is prepared and cooked prior to the diner's arrival because here guests get their chosen meals cooked to order.
Although other specialty restaurant cooks in front of the guests, it is usually in a group setting with a sparse menu. Smaller, local ethnic-based restaurants come closer to the experience, but ingredient choices are limited.
The customer base, however, is most similar to those of Bubba Gump and California Pizza Kitchen.
Growth & Expansion: To spur revenue, it is suggested to increase local marketing during the tourist offseason, making social media postings consistent across locations, along with increasing frequency.
Financing: TBD if the structure and terms are acceptable.
Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed as paid management or on-call consultants, as negotiated.
Reason for Selling: Ready to be scaled now. With capital & vision, rapid growth is highly feasible.
To get more information about this American Buffet Hibachi Grill Chain - 4 Unit Chain business for sale in San Jose please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283775 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this American Buffet Hibachi Grill Chain - 4 Unit Chain, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Details
Asking Price: $10,000,000.00
Down: Call/Email
Cash Flow: $816,317.00
Revenue: $8,214,000.00
Area: San Jose
City: San Jose
Attributes:
My Notes About This Listing
Cash flow
$360,663
Revenue
$450,798
Down
$105,000
Posting: 286163 | Available | 4/24/24
Are you ready to make a meaningful impact on hundreds of children while running a successful business from the comfort of your own home? Imagine being at the helm of a thriving enterprise that's transforming the educational landscape in the Bay Area.
Asking Price
$1,050,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 4/21/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 4/23/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 286093 | Available | 4/22/24
This is an FDA Registered Manufacturing Facility for: Dietary Supplements, Food, Alcoholic Beverages, Beverages, Coffee, Tea, Dressing & Condiments. Get the chance to start a ready to go Dietary Supplement Manufacturing Facility and Co-Packing / Contract Manufacturing Facility. Huge Potential!
Asking Price
$249,000
Total Investment
$100,000
Min Liquid Cash
$80,000
Net Worth
$100,000
Posting: 284068 | Available | 4/24/24
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Franchise Fee
$25,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 4/24/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
$86,284
Revenue
$116,694
Down
$750,000
Posting: 286110 | Available | 4/23/24
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Asking Price
$750,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 4/25/24
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Asking Price
$285,000
Cash flow
$200,000
Revenue
$1,012,000
Down
$750,000
Posting: 284802 | Available | 4/23/24
These are nine FedEx home & ground delivery routes for sale for $750,000. Currently grossing $1,012,000+ and has an estimated adjusted cash flow of $200,000+ per year. Includes 11 FedEx delivery vehicles worth an estimated $368,000 and 10 employees (FT & PT) in place.
Asking Price
$750,000
Cash flow
$1,000
Revenue
Call/Email
Down
Call/Email
Posting: 286097 | Available | 4/23/24
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Asking Price
Call/email
Cash flow
$235,715
Revenue
$1,320,000
Down
$25
Posting: 284079 | Available | 4/22/24
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Asking Price
$899,000
Cash flow
300,000 plus
Revenue
$730,720
Down
Call / Email
Posting: 276160 | Available | 3/12/24
This profitable water purification supplies and services business serves the technical, hospital, medical, and dialysis industries of north/central California and western Nevada, including companies like Tesla. Established in 1997. Annual sales are projected to well exceed $600,000 in 2022.
Asking Price
$899,000
Cash flow
$1,900,000
Revenue
$9,500,000
Down
Call / Email
Posting: 271089 | Available | 4/26/24
Profitable commercial construction general engineering contractor, with recurring Fortune 500 customers, over 50 employees, and extensive equipment and vehicles. In San Francisco Bay Area. Customers consist of major telecommunications and other Fortune 500 companies throughout Northern California.
Asking Price
$8,000,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 4/21/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
$400,000
Revenue
$1,100,000
Down
Call/Email
Posting: 272547 | Available | 4/26/24
For sale is a professional service company providing written translation and oral interpretation services in 200 languages for clients worldwide: government agencies, NGOs, business entities, etc. The business has an extensive team of language experts and a broad client base, and operates virtually.
Asking Price
$1,495,000
Cash flow
$60,000
Revenue
$200,000
Down
$250,000
Posting: 285036 | Available | 4/24/24
This is a laundromat located at Signal Corner Shopping Center. It has busy foot traffic. There are brand new 64 Unit apartment opening across the street in March. It has had the present owner for 8 years and there is still lots of potential to increase the sales revenue.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286054 | Available | 4/22/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license.
Asking Price
$439,900
Cash flow
$225,886
Revenue
$541,975
Down
$725,000
Posting: 285858 | Available | 4/23/24
This business is perfect for the PCOC who wants to instantly grow their business. Currently registered in 8 counties and highly profitable. High cash flow, amazing reputation with fabulous reviews. Been in business for over two decades. Residential and commercial.
Asking Price
$725,000
Cash flow
$170,000
Revenue
$470,000
Down
$530,000
Posting: 285555 | Available | 4/25/24
This is a successfully established dry-cleaning business for sale in Alameda County, CA. The business was established more than 35 years. It has a great reputation and it's next to Safeway, so it has very steady foot traffic. The motivated sellers are looking to retire.
Asking Price
$530,000
Cash flow
$40,450
Revenue
$506,249
Down
$150,000
Posting: 286130 | Available | 4/23/24
Asset Sale Opportunity: Unlock the door to your culinary dreams with this enticing opportunity! Nestled in the heart of Sacramento this charming restaurant is now available for acquisition. Boasting a warm ambiance and a reputation for exquisite cuisine.
Asking Price
$150,000
Cash flow
$24,090
Revenue
$346,943
Down
$149,000
Posting: 285852 | Available | 4/23/24
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Asking Price
$149,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 4/25/24
For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
Asking Price
$99,999
Cash flow
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 4/26/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 4/23/24
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Asking Price
$60,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284472 | Available | 4/24/24
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Asking Price
$4,500,000
Cash flow
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 4/23/24
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Asking Price
$450,000
Cash flow
$120,000
Revenue
$840,000
Down
$338,000
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Asking Price
$338,000
Cash flow
$1,000,000
Revenue
$9,000,000
Down
Call / Email
Posting: 278933 | Available | 4/26/24
Earthwork construction company - grading, asphalt paving for renovation & new construction projects, plus asphalt & concrete repairs and maintenance for recurring commercial & public customers. 30 skilled employees with capable non-owner management. Extensive equipment & vehicles. 37-year history.
Asking Price
$4,995,000
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