Japanese Restaurant and Sushi with Cocktails

Orange County, CA

Seller Financing Available
Japanese Restaurant and Sushi with Cocktails
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Asking Price: Get Financing: $345,000

Cash Flow: $160,000

Gross Revenue: $1,296,000

EBITDA: N/A

FF&E: N/A

Inventory: $16,000*

Lease Rate: $3.19 /SF/Month

Established: 1988

*not included in asking price.

Japanese Restaurant and Sushi with Cocktails

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Business Description

Japanese Restaurant and Sushi with full service Bar and 47 ABC license. Sales are $108,000 per month. The restaurant is located in a popular Beach City in South Orange County on a major Highway passing thru the center of the town. The Restaurant is in a free standing building with a parking lot. The owner is retiring after 30+ years in the business and only works at the business part time.

Sales $108,000 per month
Cash down payment $200,000 seller with carry a note for $145,000 at 6% interest
Term of Lease: 10 years plus two 5 year option periods
Base Rent: $10,500 per month plus property taxes and insurance of $900 per month
Seating: 136
Hours of operation: 11:30 am to 2 am Monday thru Saturday ( closed 3pm to 5pm)
5pm to 2am Sunday.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,300
Lease Expiration:
8/31/2038
Facilities:
3,300 sq ft free standing building with a parking lot.
Financing:
145,000
Support & Training:
Owner will provide training
Reason for Selling:
Owner Retiring
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Tony DeCuollo

Business Listed By:
Tony DeCuollo

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