Poke and Sushi Restaurant in Industrial Area

Commerce, CA
listing image
Asking Price:$149,000
Gross Revenue:$420,000
Rent:$5,065/Month
Cash Flow:$72,000
Inventory:$10,000
BUSINESS DESCRIPTION

MONTHLY GROSS: $35,000
MONTHLY RENT: $3,159+$1,906 NNN
LEASE TERMS: 4 YEARS
STORE SIZE: 1,350 SF
SEATING CAPACITY: SHARED SEATING INSIDE FOOD COURT
OPEN HOURS: 10:30AM-2PM MON-FRI / CLOSED SAT & SUN
EMPLOYEES: 4 PT
WAGE: $7,572/MO.
OWNER SINCE: 2018
REASON FOR SELLING: RETIRING
FINANCING: 50 DOWN. 50% BANK LOAN.
NOTE: LOCATED INSIDE A BUSY FOOD HALL.
PLENTY OF SEATING. TOTAL 8 RESTAURANTS
IN THE FOOD HALL. ROOM TO GROW BUSINESS
THROUGH 3RD PARTY DELIVERY SERVICE AND CATERING.
CURRENT OWNER IS NOT PROVIDING ANY 3RD PARTY DELIVERY SERVICES.
HUGE INDUSTRIAL AREA. ONLY OPEN 5 DAYS A WEEK.
SELLER WILL TRAIN.


DETAILED INFORMATION
Location
Commerce, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,350
Employees
4
Facilities
1,350 sf. Plenty of seating
Competition
Very steady business
Growth & Expansion
Current owner is not doing any 3rd party delivery. Too much potential for delivery and catering.
Support & Training
Seller will train
Reason for Selling
Owner is retiring
Report an Issue with this listing
Jack Oh