Japanese/Asian Hibachi Restaurant

FL

Seller Financing Available
Japanese/Asian Hibachi Restaurant
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Asking Price: $495,000

Cash Flow: $302,937

Gross Revenue: $1,293,686

EBITDA: N/A

FF&E: $150,000

Inventory: N/A

Rent: $11,000 /Month

Established: 2016

Japanese/Asian Hibachi Restaurant

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Business Description

Beautiful Lakewood Ranch Area Oriental Restaurant

Executive Summary
Beautiful Asian Restaurant located on a busy thoroughfare in the Lakewood Ranch corridor of Sarasota Florida. The 8,000 sq/ft facility has 200 seats & a full liquor license, 4 COP, serving Beer Wine & Spirits.The Seller prepared financials, indicates annual sales of $1.3mm & an owner benefit of $300k. Business is being sold so that the owner can spend more time on other business ventures. The food & liquor inventory is NOT included in the asking price & will be addressed at closing. Seller is offering generous financing with $125k down for a qualified Buyer. Contact listing broker for more information.

Detailed Information

Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
$370,000 6.5% FOR 84 months
Business Website:
http://sbbfl.com
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Contact the Seller

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David Sinclair

Business Listed By:
David Sinclair

Sinclair Brokerage, Inc.

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