Japanese Restaurant full service very profitable

New Augusta, IN (Marion County)

Japanese Restaurant full service very profitable
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Asking Price: Get Financing: $175,000

Cash Flow: $112,000

Gross Revenue: $725,000

EBITDA: N/A

FF&E: $100,000

Inventory: $10,000*

Established: 2006

*not included in asking price.

Japanese Restaurant full service very profitable

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Business Description

This Japanese restaurant was founded 8 years ago. Located in a very desirable and sought after prime location in a high profile center. Plus high traffic area with good parking and excellent visibility. This is a beautiful restaurant with upscale atmosphere including very attractive dining room and separate bar area. Has excellent reputation and good service. Unlimited growth opportunity. Current owner does very little marketing. Great chefs and good staff. Includes 3 way liquor license. Made well into six figures profit in 2013. Annual revenues currently in $700,000’s and should be much higher with a more involved owner. Fully equipped restaurant. Total turnkey opportunity. If interested in owning a restaurant, you need to consider this one. New owner can just take over.

Detailed Information

Inventory:
Not included in asking price
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facilities are fully equipped for restaurant, with all equipment in excellent condition. Very attractive restaurant including dining room and bar.
Competition:
New owner could do more marketing to grow business. Current owner spread out to thin and unable to focus on running and growing business. No other Japanese restaurants in immediate area.
Support & Training:
30 days and/or as needed
Reason for Selling:
Owns other businesses and unable to give it necessary attention that is needed.
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Michael Levin

Business Listed By:
Michael Levin

Allan Michael Group, Inc.

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