Kona-Q purchased the assets of Litto's Bento in Salem, Oregon. This method was chosen as a way to quickly enter the market and leverage the goodwill already established from the former business.
Kevin was friends with the former owner and the menu and equipment was similar to Kona-Q's needs. Litto's Bento was purchased for $75,000 including equipment.
Kona-Q is forecasting for aggressive growth. The intervals for opening a new store will be approximately one every 12 months.
Each location will be 1,000 square feet, on average, able to serve approximately 50,000 people. For restaurants to succeed, the key factor is location. Kona-Q has developed criteria for future site locations.
Traffic counts are to be 20,000 or greater and near a national anchor. The decision to open a new store is not strictly every 12 months but when a new ideal location opens up.
For the opening of a new location, Kona-Q will incur the following expenses: