Sushi Restaurant near Fullerton - Rent is $1,200

Placentia, CA
listing image
Asking Price:$180,000
Gross Revenue:$600,000
Rent:$1,200/Month
Cash Flow:$96,000
Inventory:$10,000
Established Year:2018
BUSINESS DESCRIPTION

MONTHLY GROSS: $50,000
MONTHLY RENT: $1,200 (water included)
LEASE TERMS: 5 YEARS
STORE SIZE: 1,800 SF.
SEATING CAPACITY: 45
OPEN HOURS: 5 ½ DAYS
EMPLOYEES: 3FT, 6PT
WAGE: $15,500/MO.
OWNER SINCE: 2018
FINANCING: SBA LOAN WITH 30% DOWN.
REASON FOR SELLING: BUSY WITH OTHER BUSINESS
NOTE: LOW RENT. OPEN 6 DAYS A WEEK. CLOSED ON TUESDAY.
HAS BEER WINE LICENSE. BUILDING 215 UNIT APARTMENT NEARBY.
NEW METRO STATION COMING CLOSE TO RESTAURANT.
GOOD PROFIT MARGIN. GREAT YELP REVIEWS.


DETAILED INFORMATION
Location
Placentia, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,800
Employees
9
Facilities
1800 sf. Rent is only $1200
Competition
Some competition
Growth & Expansion
Room to grow with full time owner-operator Currently part time owner
Support & Training
Seller will train
Reason for Selling
Busy with other business
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Jack Oh