Well established and highly successful Japanese restaurant now available. After satisfying patrons since 2000 with terrific food and fabulous service, these absentee owners are ready to retire and pass on years of goodwill to a well-qualified operator. Business also comes with a very favorable lease.Capitalize on this SBA pre-qualified deal and lock in a long-term (10-year) loan with just 10 % down. This turn-key, highly successful business is pre-qualified by Three of our SBA lender resource partners, so you will have the power to negotiate a great rate and lock that in for a long-term loan. The Investment would also be able to pay the debt service on loan and still have plenty of cash left over for the new owner. With just over $1,200,000 in annual sales and over $470,000 in seller's discretionary cash flow, this is a rare find indeed. This investment will pay for itself and provide an excellent income for your family. - [ ] SBA Prequalified for $1.5 Million at 10 percent down - [ ] Long-term (10year ) SBA loan - [ ] ABC Beer & Wine License Included - [ ] Long established business has a proven successful track record - [ ] Great Low Rent Lease with options - [ ] Turn-Key Financial information such as tax returns, balance sheets, P & L, bank statements, POS reports, or merchant statements are only available to committed buyers who have signed an NDA, have proven purchase funds, and have good credit. Complete the Non-Disclosure Agreement on our website, and we'll send you the complete financial information and list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity and the broker's connections for a long-term SBA loan solution. No Co-Broker #jimsellsrestaurants

General Info

  • OrganizationCorporation
  • Established2000
  • Current Owner2000
  • Employees10
  • Reason For SaleOther Interests

Facilities

  • Seating34 inside 12-20 outside
  • Square Feet730
  • Parking100 plus
  • LicensesHealth, Business, ABC 41 license
  • Open HoursMon-Sat 11-2 / 4:30-8pm

Lease

  • Rent$4,600 including NNN
  • Expiration2024
  • Yearly IncreaseContact for Info
  • OptionYes
  • DepositContact For Info

Financials

  • Monthly Revenue$100,000
  • Monthly Cash Flow$39,000
  • Annual Revenue$1,200,000
  • Annual Cash Flow$470,000
  • PayrollContact for Info

Financing

  • Down Payment10 percent
  • Note BalanceSBA Pre Qualified
  • 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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