1250 sq ft of restaurant floor space producing $2 million in annual revenues and $260,000 in profit. SBA loan pre-approved so only a 20% is required down to well experienced buyers with excellent credit. The monthly rent is $6,500 (4% of revenues) which expires in 2025 with two 5-year options to renew and is low for this area. This 4.5 star award winning, Sushi restaurant is operated by management with the owner being mainly absentee. "This place just keeps getting better and better! Came in the other day for a quick lunch and really glad I did!" All the equipment is less than 3 years old having only opened in September of 2020. Situated in an upscale shopping mall, corner location with huge curb appeal. Chairs, tables and bright umbrellas line the two-sided outdoor patio. The dining room is a classic minimalist style using wood and black with stainless steel Sushi bar seating 10 and beautiful, modern art on the walls. The kitchen is fully loaded with a full list available upon request.   To receive more information and discuss this opportunity with the broker along with the broker's connections for a long-term SBA loan solution, please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationInc
  • Established2020
  • Current Owner2020
  • Employees22
  • Reason For SaleOther Interests

Facilities

  • Seating23 Indoors + 22 Outdoor Patio
  • Square Feet1,247
  • Parking100+ Car Lot
  • LicensesHealth, Business & ABC Type 41 License
  • Open Hours12.00pm - 9.00pm Daily

Lease

  • Rent$6,557
  • Expiration2025
  • Yearly IncreaseContact for Info
  • OptionTwo 5 year Lease Options
  • Deposit$22,800

Financials

  • Monthly Revenue$160,000
  • Monthly Cash Flow$21,667
  • Annual Revenue$1,915,427
  • Annual Cash Flow$260,000
  • Payroll$55,177

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.

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