Arcadia/Monrovia area, turn key Sushi restaurant, established over 30 years with excellent reviews. Serving Japanese favorites for lunch, dinner and happy hour. They also offer catering and delivery. Located in a busy shopping center. Location is also good for Italian, Mexican, Mediterranean and Sandwich concepts. Equipment is as follows: Front of the house: Wall mount a/c unit, ice cream freezer, upright beverage cooler. Kitchen: Microwave, refrigerator, freezer, refrigerated sandwich prep station, fryer, gas stock pot stove, charbroiler, 4 burner stove. Server Station includes: Sake dispense, soup warmer, beverage cooler, ice machine. Storage room features, upright freezer, chest freezer, sushi bar freezer and 2 refrigerators. Pos system. All tables, chairs, bar/counter stools, POS system.

General Info

  • OrganizationCorporation
  • Established1998
  • Current Owner2016
  • Employees10
  • Reason For SaleOther Interests

Facilities

  • Seating40
  • Square Feet1200
  • ParkingLot
  • LicensesHealth Dept permit, Business License, ABC Beer & Wine
  • Open HoursMon-Thurs 11:30am-9:00PM, Fri-Sat open till 10:00PM, Sunday closes at 9PM.

Lease

  • Rent$6,900 includes triple net
  • ExpirationJuly 2021
  • Yearly Increase3%
  • OptionLandlord will extend lease
  • DepositYes

Financials

  • Monthly Revenue$70,000
  • Monthly Cash Flow$11,250
  • Annual Revenue$840,000
  • Annual Cash Flow$135,000
  • PayrollContact For Info

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