A truly traditional Japanese & Sushi restaurant steeped in history and presently owned and operated for some period of time. Open for limited hours and grossing in excess of $500,000 annually, there is a huge opportunity to grow this business by increasing the hours of operation. The owners are ready to retire and the Landlord will negotiate agreeable new lease terms with qualified buyers. Superb Kitchen and Sushi Bar. Kitchen is equipped with a double sided type 1 hood incorporating 6 burner, flat top, char broiler, Fryer, multiple reach in work tops, 6'x6' walk in, upright 2 door fridge, large mixer, ample s/s prep tables and sushi bar. The Dining room has an elegant Sushi Bar seating 9 and a further 72 seats plus Patio seating for 20. Both flooring and decor is in good condition and has excellent curb appeal. Type 41 Beer and Wine license. This valuable name with it's great location would suit an experienced operator with expertise and vision.

General Info

  • OrganizationContact For Info
  • Established1953
  • Current OwnerContact for info
  • Employees3 Full Time & 7 Part time
  • Reason For SaleRetirement

Facilities

  • Seating80 + Patio
  • Square Feet1900
  • Parking20+
  • LicensesContact For Info
  • Open HoursTues-Thurs 11.30am-9pm, Fri 11.30am-9.30pm & Sat 5pm-9.30pm

Lease

  • RentTo be negotiated
  • ExpirationTo be negotiated
  • Yearly IncreaseTo be negotiated
  • OptionTo be negotiated
  • DepositContact For Info

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual Revenue$0.00
  • Annual Cash Flow$0.00
  • Payroll$$0.00

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location