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Famous Omakase / Japanese Restaurant in PRIME SILVER LAKE CA

Los Angeles, CA

Seller Financing Available

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Asking Price:$350,000
Rent:$11,995.12/Month
Established Year:2022
Gross Revenue:$1,742,620
FF&E:$271,306
Listing ID: 2261486Listing provided by BizBuySell
BUSINESS DESCRIPTION

The restaurant is a sister establishment to one of top Japanese restaurants in Los Angeles, CA. They offer an omakase dining experience where each meal is a symphony of tastes curated by exclusive chefs. *The new owner CAN keep the existing name, which holds strong goodwill.* This distinguished restaurant seamlessly blends modern elegance with timeless charm, providing a perfect setting for unforgettable culinary journeys and an opportunity for a new owner to add to the menu offerings. Their chefs expertly craft innovative and traditional flavors, creating a unique fusion that celebrates both heritage and contemporary cuisine. Each visit promises a new, curated experience that delights the senses and leaves a lasting impression. Situated in one of the hottest and fastest growing neighborhoods (Silver Lake), the restaurant attracts a steady flow of clientele seeking a premium dining experience. The sale includes: THE BUSINESS, ALL TRADEMARKS, LEASE, RECIPES, INVENTORY, CUSTOMER LIST, GOODWILL, TYPE 41 LIQUOR LICENSE, IMPROVEMENTS, FF&E, TRAINING

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,412
Lease Expiration
15/01/2030
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All equipment is like new, only a couple of years old. Newly renovated and built from scratch. Included in the sale: The BUSINESS, ALL TRADEMARKS, LEASE, RECIPES, INVENTORY, CUSTOMER LIST, GOODWILL, TYPE 41 LIQUOR LICENSE, IMPROVEMENTS, AND FF&E, TRAINING. The premises is 1,412 RSF +/-, Interior 24 Seats + 10 Patio Seats
Competition
Limited competition in the area. The submarket does have some other omakase concepts and Japanese sushi restaurants but each offer their own twist and unique menu.
Growth & Expansion
Owner absentee run business. Only open for dinner, can expand menu and hours. Owner/user operation would yield highest ROI, optimizing efficiency and limiting staff salary expenses. High Value Add Factors & Upside Potential, Easily Scalable, Efficient Layout & Configuration Efficient and Low Cost Of Goods, Customizable Menu, Simple Minimalistic Build -Out Menu Expansion Options, Long Term, Below Market Lease In-Place, Upside Expansion Potential Out of State Upside Expansion Potential Out of Los Angeles
Financing
Short term seller financing may be available subject to terms.
Support & Training
Full support and training will be offered to buyers subject to terms and condition.
Reason for Selling
Seller wants to invest into other ventures
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