Become part of Downtown LA's vibrant and diverse popular dining destination! This stylish restaurant features double high ceilings, an inviting décor, outdoor seating and ample foot traffic day and late night! Featuring a wrap around sushi bar complete with yakitori grill, private upstairs dining room and full liquor plus, 10 beers on tap and secured wine storage room. Seating for 90 with patio. Nice office, security system, audio visual system & projection screen. Some equipment includes: 8ft hood, Yakitori grill with hood, Walk in cooler, 2 door under-counter freezer, 3 tap kegerator, glycol beer system with 10 taps, refrigerated sushi cases, grease trap, 2-TV's. 3 door under-counter bar fridge, Refrigerated prep station, 3-rice cookers, Ice machine, box freezer, 1 door freezer, 5-gallon hot water tower, 6 burner stove with oven, 2-fryers, salamander, microwave, water features, security system with 19 cameras, audio video system, vacuum sealer, tables, chairs, 35-Bar stools. Leased: dishwasher and soda system. Tacos, pizza and to go coffee are not allowed. All artwork is excluded.

General Info

  • OrganizationCorporation
  • Established1990
  • Current Owner2017
  • Employees10
  • Reason For SaleOther Interests

Facilities

  • Seating105
  • Square Feet2565
  • ParkingStreet and public lots
  • LicensesCity Business License, ABC Type 47, Health Department Permit
  • Open HoursTues-Thurs 5PM-11PM-Fri-Sat 5PM-12AM Sun-3PM-9PM

Lease

  • Rent$13,800 gross
  • ExpirationSept 30th 2025
  • Yearly Increase3%
  • OptionOption expires Sept 30th 2035
  • DepositYes

Financials

  • Monthly Revenue$36,167
  • Monthly Cash FlowContact For Info
  • Annual Revenue$434,000
  • Annual Cash FlowContact For Info
  • Payroll$Contact 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.

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