Japanese Restaurant in Philadelphia

Philadelphia, PA
listing image
Asking Price:$1,000,000
Gross Revenue:$1,500,000
Cash Flow:$300,000
Rent:$11,500/Month
BUSINESS DESCRIPTION

For Sale: Japanese restaurant located in the heart of Philadelphia. The total space is approximately 4,500 sf, with the first floor featuring a sushi bar and dining tables for customers. The second and third floors are equipped with spacious karaoke rooms for group events, while the fourth floor offers space for an office. Business hours are from 10 AM to 2 PM, and from 5 PM to 10 PM, allowing for a 3-hour break in the afternoon, making staff scheduling more convenient. The restaurant is operated by one full-time owner, with 3 full-time and 7 part-time employees. The sale price includes a liquor license valued at $200,000.


DETAILED INFORMATION
Location
Philadelphia, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,500
Employees
10
Support & Training
2 weeks
Reason for Selling
Retire
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Jacob Suh
Realty Mark
Jacob Suh