Japanese Restaurant for Sale

Santa Monica, CA
Asking Price:$350,000
Gross Revenue:$1,321,901
Established Year:2012
Cash Flow:$118,000
Rent:$9,270/Month
BUSINESS DESCRIPTION

Restaurant in Santa Monica - High Foot Traffic Area

Authentic Japanese Restaurant in the heart of Santa Monica neighborhood, located directly on Main Street. The family owned restaurant for over 12 years has been put on the market for the first time. It is beautifully decorated with indoor and outdoor seating. There are tons of local customers and lots of foot traffic. Restaurant is self-managed by the employees and in turn key condition. This is an A+ location. Employee's do not currently know business for sale.


DETAILED INFORMATION
Location
Santa Monica, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,300
Employees
10
Facilities
All included.
Competition
Only Japanese restaurant located on Main street in Santa Monica, lots of foot and beach traffic. Family owned for over 12 years.
Growth & Expansion
Tons of growth opportunity. Lots of regular customers and high foot traffic. Dine-in and take-out available.
Financing
5 years/5 option upon landlord approval
Support & Training
Standard 2 week training.
Reason for Selling
Inherited
Franchise
This business is an established franchise
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Uni Mayesh
Uni Mayesh