Sushi In Ralph (Los Angeles)

Venice, CA
listing image
Asking Price:$75,000
Gross Revenue:$24,000
Cash Flow:$10,000
BUSINESS DESCRIPTION

https://www.kibomrealtor.com/sushi-in-ralph-los-angeles.html
1. PLEASE COPY AND PASTE THE ABOVE LINK AND SUBMIT NDA. You will get an address instantly.
2. PLEASE VISIT THE LOCATION FIRST.
3. ASK QUESTIONS BY EMAIL ONLY

Do not talk to the owner and employees.
The photo may not be an actual photo of the business

Please visit first as a customer and ask questions via email only.
I am in so many cases with so many clients and I found the best way to do my job efficiently and effectively is to communicate in one place, email only.
That way I have a record of our communication.
Once my phone was renewed and all my text was gone since then, I don’t like to communicate by text.
Since I have so many listings I don't have all the answers to your questions and I need time to find out from the seller's side.
But I will respond because all my clients are important.
Thank you and I hope you understand

Gross Sale
24000 / month
Net Income/month
10000
Rent Free
Electricity Free
Business Status
Owner Operating
# of Employees (Part time)
1
Owner Working Hrs/Week
40
Insurance
500/year
electricity
free
gas
free
Opening Hour
9am
Cost of Goods %
30%
How Long Present Owner
8 years
reason for sale
health
reason for sale
health
New Franchise Training and contract Fee $ 5000 ( Include uniform, ServSafe, certification, company training).

1. No rent, no utility bills
2. Commission rate 68% from gross sales
3. Only 1 expreience chef needed to run the business
4. Can hire part / full time helper / chef
5. New owner have to go to training at AFC Training Facility in Los Angeles
6. Training fee and franchise fee will be paid separately and directly to AFC
7. Sushi robot is optional but will speed up production and save time and production cost
8. Income statement is available for verification
9. AFC and franchisee(sushi bar owner) have a 5 years contract ( it can be renewed )

owner work 5 hours / day for 5 days + 8 hours / day for 1 day = total of 33 hours / week
helper work 8 hours / day for 5 days = 40 hours / week

current rate AFC labour cost is about $17 / hour

regarding payroll cost its depend on the current owner willingness to work, for example owner can make more net profit if only hire helper for 4 hours / day for “x” days a week.
higher labor expense = less profit or owner work more / helper work less = more net profit for owner.
As franchise owner he / she will have full control on scheduling.

My wife work only few hours because her arm is hurt if she work for long period of time

Does buyer have sushi experience?
new owner usually have little or no experience so they have to work longer hours and possibly hire a full time helper
as new owner gain experience, he/she will gain production speed and work less hour.

Now is the best time for new owner to learn because business always slower before Thanksgiving & Christmas because most customers shop at mall and buy food at mall?

?Do not talk to the owner and employees.
?The photo may not be an actual photo of the business.


DETAILED INFORMATION
Location
Venice, CA
Inventory
Not Included in asking price
Report an Issue with this listing
profile-img
KI BOM
KIM
Sam's Realty and Investment
KI BOM KIM