Restaurant asset sale
Asking Price: | $100,000 |
Established Year: | 2006 |
**Long-Established Sushi & Teriyaki Restaurant for Sale**
Restaurant Overview
- Location: Situated in a high-foot-traffic plaza (specific address available upon request)
- Size: 1,045 sqft (15 seating capacity)
- Business Hours: 11:00 AM – 7:30 PM (Closed on Sundays)
Lease Terms
- Rent: $3,188 + $941 (CAM), with an annual increase of $100
- Lease Validity: Until March 31, 2028, with an option to extend by depositing two months' rent
Operational Details
- Established Since: October 2006
- Current Owner Since: October 2006
- Owner's Role: Full-time operation by the owner
- Number of Employees: None (owner-operated)
Financial Information
- Monthly Gross Sales: $17,941
- Monthly Net Income: $4,959
- Asking Price: $100,000
Property Highlights
- Operate or Innovate: Currently operating as a sushi and teriyaki restaurant, buyers have the flexibility to continue with the existing concept or introduce a new idea to the space.
- Verified Sales Data: This is an AS-IS (asset sale) transaction. Sales data can be verified through the POS system; however, financial statements and tax returns are not provided.
- License Details: The restaurant does not have an alcohol license, but buyers can apply for one if desired.
- Retirement Sale: After decades of successful operation, the current owner is retiring, offering this excellent opportunity to the next entrepreneur.
Why This Business?
This restaurant has a strong and loyal customer base, built steadily since its establishment in 2006. Located in a bustling plaza with high visibility and foot traffic, the space offers significant growth potential for a motivated buyer looking to expand the menu, hours, or marketing strategies.
Don’t miss this rare opportunity to own a proven and profitable business in a prime location!
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