$95,000 annual profit on sales of $686,000 in 2017. Sales in 2018 is currently running well over an annualized $750,00. Located in a modern strip mall with ample parking and main Hwy access and currently open just 4pm - 9pm six days a week, so there is so much scope to increase the revenue and profitability or just enjoy the limited hours, profits and the relaxed Tahoe lifestyle. There has been a Sushi restaurant at this location for over 25 years and at only 1,200 square feet with a low monthly rent of $3,700 including NNN this an easily managed business. An ABC type 41 Beer and Wine license is also included with the sale and the full kitchen with 10ft Hood and fire suppression system, deep fryer, broiler, 6 burner stove and ample refrigeration and freezers with s/s work surface throughout, lends itself to add many hot food items to the current menu. All the equipment, the name, goodwill and ABC license is included. This is a perfect size restaurant for an owner/operator to excel in this bustling, high real estate housing market area. $1 million homes are the norm with access to California's Best Ski Resorts and family summer vacationing. The local population is also fast growing to keep up with the rapid population growth of high income residents and visitors. Jump into restaurant ownership and enjoy immediate profit with a lifestyle to match. Please complete the 'Non Disclosure Agreement' on our site and we'll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established1994
  • Current Owner2015
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating40
  • Square Feet1200
  • ParkingContact For Info
  • LicensesContact For Info
  • Open Hours4.00pm - 9.00pm Wednesday - Monday

Lease

  • Rent$3,700 including NNN
  • Expiration2021
  • Yearly Increase$50 monthly
  • Option4 year option
  • Deposit6000

Financials

  • Monthly Revenue$57,250
  • Monthly Cash Flow$7,917
  • Annual Revenue$687,000
  • Annual Cash Flow$95,000
  • Payroll$$18,250

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.

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