Japanese Restaurant

Lomita, CA (Los Angeles County)

Japanese Restaurant
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Asking Price: $145,000

Cash Flow: $24,000

Gross Revenue: $288,000

EBITDA: $24,000

FF&E: $80,000

Inventory: $5,000*

Established: 1994

*not included in asking price.

Japanese Restaurant

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Business Description

Established Teriyaki Restaurant located on busy Main street with good visibility. Free standing building with outside Patio area. Business. Used to do $75000 month and prior Owner had to close due to Personal Reasons. Current Seller owned for 8. Months. Seller is engineer and wants to return to engineering.seller operates with too much help and makes little profit Business needs Owner operator to re- business and grow the business,
PRICE REDUCED !!!

Detailed Information

Location:
Lomita, CA
Inventory:
Not included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business is. In a 1400 sq ft free standing building with an outside Patio area.
Competition:
Business was was well established with repeat customers. Prior Owner had to close Business due to Personal reasons. Current seller trying rebuild business back to prior $75000 sales. Seller has too many employees - Experienced operator can reduce. Payroll and increase Net Profit.
Growth & Expansion:
Can grow with advertising and might open BBQ on weekend like prior Seller did.t
Support & Training:
Seller will Train
Reason for Selling:
Seller wants to return to Engineer Career
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(from currently available funds)
 
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Henry Miller

Business Listed By:
Henry Miller

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