Established Sushi Restaurant with ABC License and New Equipment
| Asking Price: | $225,000 |
| Established Year: | 2018 |
Can be absentee ownership with remote monitoring systems
A fully-built-out sushi restaurant with a six-year track record and high customer ratings. Includes Type 41 liquor license. Walk-in cooler/freezer combo. Very favorable lease with 3 years remaining plus two 5-year options. Near two large university campuses.
SF: 1,328+/-
Current Rent: $5,152.64/mo ($3.88/SF)
Current NNNs: $1,088.36 ($0.82/SF)
Term: About 3 years remaining
Options: Two (2) five (5) year options (increases capped)
Revenue: Inquire
ABC License: 41
Indoor Seating: 50
Center Parking: 135+/- stalls
Survived During Covid: Yes
Days Open: 6 days a week
Equipment Age: 7 years
Google Rating: 4.5
Yelp Rating: 4.5
Can be absentee owned? yes, seller has remote pos and camera monitoring systems; staff is experienced and knowledgeable
Business Summary: proven successful operating history of over 7 years. Seller invested and paid off roughly $385-400k for full kitchen build-out and equipment from scratch at the commencement of the lease seven (7) years ago. Seller survived the Los Angeles Covid shutdowns with increasing sales to today.
Location Summary: center is situated near 210 Hwy and fronts Glendora's major commercial corridor. The Center is modern with national and regional co-tenants bringing in all-day foot traffic. Space has excellent signage exposure from the storefront and the monument signage fronting this arterial road when exiting 210 Hwy. The restaurant is less than a mile away from Azusa Pacific University (undergrad enrollment of 5,000) and Citrus College (undergrad enrollment of 10,000). Glendora is a suburb of Los Angeles County with a population of about 51,087 (2021).
