SBA Pre-qualified! Extremely Profitable Japanese fusion Restaurant!

Profitable Restaurant in Long Beach

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#1007
Area: Long Beach
Asking Price: $3,300,000 (Including inventory)
Annual Sales (2023): $3,262,115
Annual SDE (2023): $1,125,687
Rent: $10,451.56
NNN: $4,473
Lease Term: Until May 31, 2029, + (1) 10 years option
Size: 3,690 sq ft
Seating Capacities: 125
Number of Employees: 29
Liquor License: Type 47
Business Established: 2008
Reason for selling: Retirement

Positioned at a prime location in Long Beach, California, and with minimal competition nearby, this Japanese fusion restaurant is easily accessible and has on-site parking, which supports consistent customer traffic. The 3,690 sq ft premises have a spacious interior with a seating capacity of 125, allowing for both regular dining and private events. Established in 2008, this restaurant is known for delivering high-quality cuisine and service. The business has derived a solid and loyal customer base over its years of operation, reflected in its 4.5-star Google rating from many reviews. This business is SBA pre-qualified with 10% down payment for qualified buyers.