Sushi Bar in Metro Phoenix! Absentee Owner, 2024 Sales Volume $3.6M
Phoenix, AZ
| Asking Price: | $1,650,000 |
| Gross Revenue: | $3,600,000 |
| Rent: | $16,000/Month |
| FF&E: | $1,000,000 |
| Cash Flow: | $534,000 |
| Inventory: | $100,000 |
| EBITDA: | $534,000 |
| Established Year: | 2019 |
Listing ID: 2315405Listing provided by BizBuySell
BUSINESS DESCRIPTION
Cozy upbeat vibrant Japanese Restaurant serving Sushi Roll, Sashimi and Beer, Wine , Sake. Located in Central Phoenix surrounded by luxury condos nearby. $3.6M in total sales in 2024 with great margin. Beautiful patio with top quality high pressure mister system. Entire restaurant was completely remodeled and brought in all brand new equipment including new A/C system when it was open in 2019.
Approximately 5,000 sf including patio, monthly rent of $16,000/ mo. 15 years left on the lease.
Owner is only overseeing the books and purchasing. Closed on Sundays.
Great opportunity for investor or owner operator.
DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
06/05/2039
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All State of art equipment and beautiful interior and layout.
Competition
Very steady market and limited competition.
Growth & Expansion
opening 7 days a week will bring substantially more sales.
Support & Training
as needed.
Reason for Selling
other investment
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