Poke restaurant
Asking Price: | $280,000 |
Gross Revenue: | $504,000 |
Cash Flow: | $96,000 |
Rent: | $5,000 |
1. Store size: 1,200+300sf(Patio), 48 seating capacity
2. Business hours: 9:30~6:15(Mon~Fri), Sat & Sun close
3. Rent & Increase: $4,000+$1,000(CAM), 3%
4. Lease & Deposit: 4.6+5 years, One month rent
5. No. of Employee: F 1, P 3($8,700)>Chef 1, Server 2, Chef helper 1
6. How long owner work per week: Just manage(Employee run)
7. How long Estab: Over 10 years
8. How long current owner: 10/2023
9. Reason for sale: Owner health problem and retired
10. Monthly Gross sale: $42,000
11. Monthly Net income: $8,000
12. Asking price: $280,000
13. Comment:
The owner does nothing except buy vegetables and provide them to the restaurant. Other ingredients are delivered.
Currently, they only do business on the 5 days we do not do business on the weekends. Since this restaurant has been operating as a poke restaurant for more than 10 years, there are many regular customers, so sales are expected to increase if it operates on weekends.
There are no competing restaurants around the store and there are many residential houses and logistics companies, so there is ample potential. There is a university nearby, but they are not advertising at all at the moment, but if you do, sales are expected to increase.
Sales are expected to increase by increasing the sushi roll and ramen menus (they are offering these menus now).
SBA loan is not avaliable but you can avaliable quick step loan(business loan)
MUST SEE!!!