Profitable, popular, on-trend multi-unit concept with high critic reviews. This unique opportunity consists of 4 privately owned sushi restaurants; 3 located in San Francisco, and 1 in Alameda county. All of the restaurants are situated in prime locations, and feature compact spaces with seating options ranging from cozy tables to casual seats at the bar. Each unit has a recent buildout with contemporary design. Currently, each restaurant is operating for only a limited number of hours. There is a great opportunity to increase revenue by expanding the hours of operation. The 4th location opened at the end of 2018, so the current sales and profit reflect its newness. Sales and revenue are expected to increase as the 4th location matures. The square footage, number of seats in each unit and yearly rent are as follows respectively: Location 1 is 1400 square feet, monthly rent is $4867, seating for 32 and open from 6p-10pm Wednesday through Sunday. Location 2 is 900 square feet, monthly rent is $2897, 14 bar seats and open from 6pm 10pm Wednesday through Sunday, this location has a new type 1 hood. Location 3 is 900 square feet, monthly rent is $1643, seating for 14 and is open for lunch service only 3 days a week from 11am-2pm. Location 4 is 1100 square feet, monthly rent is $2500, seating for 30 open for dinner only three days a week from 6pm-10pm. This location has a type 1 hood. Each location's decor and equipment have been kept up to date and are in good condition. A complete marketing package will be available for qualified buyers. NO BROKER COOP.
General Info
- OrganizationContact For Info
- Established2012
- Current Owner2012
- EmployeesContact For Info
- Reason For SaleContact For Info
Facilities
- SeatingSee narrative above
- Square FeetSee narrative above
- ParkingStreet
- LicensesContact For Info
- Open HoursSee narrative above
Lease
- RentSee narrative above
- ExpirationNegotiable
- Yearly IncreaseNegotiable
- OptionNegotiable
- DepositSee narrative above
Financials
- Monthly Revenue$152,955
- Monthly Cash Flow$43,049.75
- Annual Revenue$1,835,470
- Annual Cash Flow$516,597
- PayrollContact For Info
Financing
- Down PaymentContact For Info
- Note BalanceContact 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.