2019 Profit (SDE) of +$185,000 with 2020 Sales back to 2019 pre-covid levels. Well established and high visibility restaurant in beautiful coastal San Diego. On heavily trafficked street with strong residential and tourist populations. Has both indoor and outdoor seating. In business for approximately 25 years and with current owner for the last 7 years. This is a family owned restaurant with strong lunch and dinner customer flow. Has good combination of traditional sushi bar and regular tables, plus an ABC Type 41 Beer & Wine License included in the sale price. The restaurant is located on a highly visible corner with an abundant amount of windows for visibility into the restaurant. This business has been conservatively valued at a sale value of $362,000 (pre-covid) making this restaurant a one of a kind opportunity for a new owner based on its track record of profitability, years in business and location. To receive more information and discuss this business further with the listing broker, please complete the "Confidentiality Agreement" on our website and you will be sent the name, address, financial information, lease and equipment list included with the sale of this business opportunity.

General Info

  • OrganizationContact For Info
  • Established1995
  • Current Owner2013
  • Employees9
  • Reason For SaleRetirement

Facilities

  • Seating35 inside and 15 outside
  • Square Feet975 inside (does not include outside square feet)
  • ParkingAmple on street and nearby lots
  • LicensesABC, Business and Health
  • Open HoursMon thru Fri 11:30am to 10:00pm, Sat 11:30am to 10:30pm, Sun 11:30am to 9:30pm

Lease

  • Rent$8,092 includes base rent and NNN expenses.
  • ExpirationApril 30, 2023
  • Yearly IncreaseContact For Info
  • Option5 year
  • DepositContact For Info

Financials

  • Monthly Revenue$80,000
  • Monthly Cash Flow$15,400
  • Annual Revenue$860,000
  • Annual Cash Flow$185,200
  • Payroll$$13,134

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