Lucrative Japanese Restaurant Opportunity

, California 8 views 0 favorites

Financial Highlights
Asking Price
$1,625,000
Revenue
$2,900,000
Business Description

Long term established concept founded over 20 years ago. Steady history of sales with impressive cash flow. Existing restaurant is well maintained, equipped with modern décor, and include beer & wine licenses with minimal restrictions. Simple business model can be easily replicated in a wide variety of trade areas. Unique restaurant location varies between historic and emerging coastal communities. Limited competition for this particular cuisine in surrounding area. Very well known for fresh sushi & fantastic decor. Gross sales during Covid-19 are still high just from doing delivery & takeout Reserved parking spaces. Lease negotiable Sushi & sake bar with a Type 41 license. Full kitchen w/ hoods and walk in refrigerator & freezer. New sushi cases, refrigerators and grease interceptor. New remodel with redone bathrooms, new tables and chairs, fresh paint and more. Fantastic reviews and loyal clientele. Clean books & records. Nearly $2.9M in gross revenues and approximately $600,000 in cash flow. Asking Price: $1,625,000 Location: San Diego, California Year Established: 2001 Number of Employees: 45 Real Estate: Leased Building Sq. Ft.: 4,100 Rent: $11,000.00 Per Month Lease Expiration: 1/1/2032 Facilities: All FF&E, beer and wine license, trademarks included in purchase, Market Outlook/ Competition: Very little completion and has a thriving to-go, delivery and catering business Growth & Expansion: Simple business model can be easily replicated in a wide variety of trade areas

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 6 hours ago

Views: 8

Favorites: 0