Japanese Steakhouse

Polk County, FL

Hibachi Grill Room
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Asking Price: Get Financing: $229,000

Cash Flow: $175,000

Gross Revenue: $700,000

EBITDA: N/A

FF&E: $150,000

Inventory: $5,000

Lease Rate: $9,600 /Month

Established: 2013

Japanese Steakhouse

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Business Description

Established Japanese Steakhouse Restaurant. Great location on well-traveled highway. Includes separate hibachi grill area with 12 hibachi grills. Also lounge and separate function rooms. Sushi bar, 4-COP liquor license, 175 seats, well equipped kitchen. Loyal repeat customer base. Won't last long at this price.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
6/30/2023
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great location on a main highway with lots of traffic. In a strip center with 3 well known anchors. Great lease rate of only $16.50 per square foot. 1 year left on lease with a 5 year option.
Competition:
This is the only restaurant of its type in the area.
Growth & Expansion:
A new owner with an aggressive marketing plan can take this restaurant to a new level. Also there are many opportunities to promote the lounge and the function rooms which will increase business.
Support & Training:
Owner is willing to spend 1 month with the new owner to transition the business.
Reason for Selling:
Seller has other interests.
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Contact the Seller

(from currently available funds)
 
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Paul McNally

Business Listed By:
Paul McNally

Central Florida Business Brokerage

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