$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
Phone: 833-776-6682 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
$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
Bldg Size
6,632 Sq.Ft
Space Being Rented
Call / Email
Year Built
Call / Email
Posting: 285771 | Available | 4/22/24
This closed medical spa is ready for lease for a successful operation. It is located in a prime spot in the City of Menlo Park. At over 6,000 SF, this was a full-service, high-volume medical spa. This consists of 2 units next to each other, total space is 6,632 SF.
Lease Amount
$19,105
Cash flow
$464,879
Revenue
$2,899,885
Down
$1,599,000
Posting: 278295 | Available | 4/24/24
This company has over 40 years of experience in California's landscape construction and maintenance sectors. This company's stellar reputation and lengthy client list have enabled it to be an industry go to company. The business has concentrated on offering a wide variety of residential design/build
Asking Price
$1,599,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285746 | Available | 4/26/24
A dog grooming shop, established in 1968 with the same owner, is located in an upscale neighborhood with a lot of foot traffic and Mountain View. This fully remodeled salon offers full-service grooming for dogs and cats. The shop spans 1,250 sq ft.
Asking Price
$125,000
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
$46,623
Revenue
$381,554
Down
$35,000
Posting: 286109 | Available | 4/26/24
This is a rare full-service salon in the heart of a bustling neighborhood an inviting full-service salon located in a prime area close to multiple apartment buildings and hotels, in a historic location. Offering a range of luxurious services including haircuts, balayage, highlights, nails, etc.
Asking Price
$89,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285418 | Available | 4/23/24
With a fully executed Triwest Contract, this is a mental health, PHP, IOP rehab center located in Los Angeles. Credentialed with most major insurance companies. It has a 2,500 sq ft. office, good for 35 clients in office. VA contract can support online clients as well as in person.
Asking Price
$650,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285062 | Available | 4/26/24
A hospice located in Dallas, Texas, is available for sale. This hospice has zero census and is Medicare and Medicaid certified. It covers Region 3 and has been licensed since 2017, surpassing the 36-month rule. The asking price for this opportunity is $350,000.
Asking Price
$350,000
Cash flow
$1,000
Revenue
Call/Email
Down
Call/Email
Posting: 286097 | Available | 4/23/24
Limited opportunity to launch an eco-friendly industrial coating business and take advantage of a dynamic growing industry. Sellers have acquired new equipment, obtained tentative permit approval and upgraded electrical system of leased facility. Sellers have not launched operations - yet.
Asking Price
Call/email
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
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
Posting: 284007 | Available | 4/24/24
Take a BITE out of the pet care industry with five key revenue drivers in one modern facility! Founded in 2009 by a visionary who had spent years in research and planning for an all-inclusive dog care facility, The Dog Stop, has now developed throughout 21 states.
Franchise Fee
$49,500
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
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 4/25/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
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
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 4/23/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284472 | Available | 4/24/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
$4,500,000
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
Call/Email
Revenue
$525,000
Down
Call/Email
Posting: 285786 | Available | 4/26/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 4/25/24
This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. Baskin Robbins is the #1 ice cream franchise in the World. The store opened in July 2017. The current owner purchased the store in January 2019. It is located in a great shopping center.
Asking Price
$154,900
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
$120,000
Revenue
$840,000
Down
$338,000
Posting: 282386 | Available | 4/25/24
For sale is a charming oyster bar, nestled in the heart of a renowned beach community's bustling restaurant row. With its prime location and inviting front patio, this establishment radiates a vibrant ambiance and boasts tasteful improvements. It comes with an active Type 41 ABC license.
Asking Price
$338,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283972 | Available | 4/24/24
City Center Realty Group is pleased to present a lucrative car wash for sale in the Sacramento, CA area. This turn-key operation features brand-new machinery and equipment, situated in a prime, high-traffic location with an estimated 65,000 cars passing by daily.
Asking Price
$2,399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285867 | Available | 4/26/24
This is a hospice agency for sale in Burbank, Los Angeles County, California, with first license only. It must pass the second survey. The price is $175K.
Asking Price
$175,000
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
$174,802
Revenue
$759,686
Down
$300,000
Posting: 278351 | Available | 4/22/24
This iconic 40 acre property produces award winning Pinot Noir and Gris for sale through the onsite tasting room or online through their 1000+ member wine club. The main building, patio and surrounding gardens may be rented. The best escape for birders, hikers, city folk or anyone who loves wine!
Asking Price
$300,000
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
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 4/23/24
Reduced Price. Fast food free standing restaurant with drive thru. Located on a Major corner intersection on a main street. Excellent books and records. Monthly Rent: $4,000. Lease has 17 years left. Open 7 days. Sunday - Thursday, 6am - 9pm + Friday - Saturday, 6am - 10pm. Price reduced $450K.
Asking Price
$450,000
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
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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