High-Volume Well-Established Sushi Restaurant South Elgin, IL-17 Yrs!

South Elgin, IL
listing image
Asking Price:$129,000
Gross Revenue:$475,007
Established Year:2007
Cash Flow:$71,713
Rent:$3,760/Month
BUSINESS DESCRIPTION

A thriving sushi restaurant known for its fresh, high-quality ingredients and locally sourced fish. Offering a wide variety of incredible sushi options to suit every palate. From classic favorites like California rolls to more adventurous options, including maki, nigiri, sashimi and more. Along with amazing appetizers, salads, soups, tempura and traditional Japanese dishes. Also, vegetarian and gluten-free options. Plus, lunch specials and a kids menu. And green tea and mochi ice cream for dessert.

Full-service restaurant. Serving lunch and dinner. Dine-in, takeout, pickup and 3rd party delivery. Online ordering also available. Reservations accepted.

Its warm and inviting interior features a sushi bar, a small bar and ample seating. Plus, a fully equipped kitchen with large hood, 6-burner stove w/oven, flat top, 2-basket deep fryer, microwave, salamander, 2-door refrigerated prep table, 2-door refrigerated prep station, single-door reach-in cooler, 2-door reach-in cooler, single-door reach-in freezer, POS system and more.

Well established over 17 years. And with the current owner 2 years. Independent - no royalty, advertising or transfer fees. Owner operated.

If you are a sushi chef and have always wanted to own your own business, this is the perfect opportunity for you!

Prime corner retail space in the Crossroads At Briargate, a vibrant mixed-use development offering a wonderful blend of retail and office space. The property is comprised of a single-story retail building and a two-story building with retail spaces on the ground floor and office spaces on the second floor, totaling approximately 27,443 sqft. This busy center benefits from its proximity to national retailers, large residential neighborhoods and major roads providing a steady customer base.

The restaurant is perfectly situated just behind McDonalds, Coronado Mexican Kitchen, Jersey Mike's Subs, Violet’s Gaming and BMO Bank directly on S Randall Rd. Along with Orangetheory Fitness, Sweetness Cookie Company and DK’s Nails & Spa. And adjacent Village Tavern & Grill and Riverside Pizza & Pub. Also, next to South Elgin Crossing with Best Buy, PetSmart, HomeGoods, Michaels and The Home Depot, as well as Panda Express, Potbelly, Coco Nail Bar, Hand & Stone, Buffalo Wild Wings, Red Robin and La-Z-Boy. Plus, next to Target and South Elgin Commons with Ross, T.J. Maxx, LA Fitness, Fifth Third Bank and The Village Squire.

Strategically located along Randall Rd, a major north-south artery with over 47,000 vehicles per day. This bustling retail corridor is well known for being lined with retailers and restaurants for nearly its entire length including many power centers and large outdoor lifestyle centers, as well as high schools, churches, golf courses, offices, hospitals, homes and more!

And well positioned in South Elgin, a charming and rapidly growing village poised for continued growth. Known for its family-friendly atmosphere, excellent schools and scenic views of the Fox River. This far northwest suburb continues to expand with new businesses and mixed-use developments, making it a desirable location for both residents and entrepreneurs alike!

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Listed By Tim Ryan at EatZ & Associates


DETAILED INFORMATION
Location
South Elgin, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,555
Lease Expiration
30/06/2027
Employees
8
Facilities
Year Established: 2007 (Current Owner 2022). Leased space $3,760/mth gross. Current lease expires Jun 2027 with one 5-year option. Square Feet: 1,555. Seating: 35. Days/Hrs of Operation: Mo-Th 11:30a-2:30p/4:30p-9:30p, Fr 11:30a-2:30p/4:30p-10p, Sa 12n-2:30p/4:30p-10p (Closed Sundays). Owners Role: Owner operated - acting sushi chef. # Of Employees: 3 Full-Time & 5 Part-Time. Value of FF&E: Included In Asking Price. Value of Inventory: Not Included In Asking Price.
Competition
Outstanding sushi. Uses only the freshest and highest quality ingredients. Wonderful selection. Innovative creations. Diverse menu - something for everyone. Well-known in the community for its exceptional food, friendly service and inviting atmosphere.
Growth & Expansion
Local favorite. Hometown sushi spot. The “go-to” sushi place. One of the best sushi restaurants in the area. A haven for sushi enthusiasts. Well established brand. Loyal customer base. Tons of regulars. Also, ideally situated in a premier commercial hub. And highly rated and recommended. A popular choice for both locals and visitors seeking authentic Japanese cuisine in South Elgin and its surrounding suburbs!
Financing
No.
Support & Training
One week on-site comprehensive training.
Reason for Selling
Moving.
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Tim Ryan