Over $1,000,000 annual sale with strong cash flow, The 3500 SF restaurant is conveniently located off a busy street, in a shopping center, near an upscale residential area, close to big name anchor stores, franchises, banks, and professional businesses. The Business is well established among residents. Being in business for over 17 years, the family built a large group of loyal local followers. The 75-seat restaurant is spacious, well maintained, clean, with a sushi bar, and a well-equipped kitchen. There is a small patio space for 4 tables, that is usable all year long. The kitchen is designed to maintain and output a large volume of service. A 12ft, type 1 hood with fire suppression system, 6 burners stove, 3 fryers, 2 sushi cases (2x5ft) 1 7ft sushi case, 2 door cooler under sushi bar, walk-in freezer, walk-in cooler, 1 gas rice cooker, 2 electric rice cooker, an ice machine and many more. The restaurant comes with the name and concept with the current menu, and ABC type 41 Beer and Wine license.  Please complete the 'Non-Disclosure Agreement' on our website and we will send you the location, the historic financial information, current 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
  • EstablishedContact for Info
  • Current Owner2006
  • Employees10 Part Time 3 Full Time
  • Reason For SaleRetirement

Facilities

  • Seating75
  • Square Feet3,500
  • ParkingShopping Center Parking
  • LicensesHealth Permit, ABC Type 41 Beer and Wine License, Local Business Permit
  • Open HoursMON-FRI 11:30-2:15 and 4:30-8:00 SAT 4:30-8:00 SUN Closed

Lease

  • Rent$9,300
  • Expiration12/31/2025
  • Yearly Increase4%
  • OptionNo
  • Deposit$5,000

Financials

  • Monthly Revenue$89,795
  • Monthly Cash Flow$8,068
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

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.

Location