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Perfect Opportunity For A Large Chain Restaurant

Marion County, OR

Seller Financing Available
Japanese Steakhouse and Sushi
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Asking Price: $199,000

Cash Flow: $168,051

Gross Revenue: $2,068,462

EBITDA: N/A

FF&E: $443,750

Inventory: $20,000

Rent: $15,000 /Month

Established: 2016

Perfect Opportunity For A Large Chain Restaurant

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Business Description

Ideal Location in Busy and Growing Area with History of Strong Sales Volume

Aggressive pricing for quick sale. This restaurant is consistently doing approximately $1.75 million in annual sales this restaurant has enormous potential. A massive 7,500 SQ FT space that can comfortably seat 250 with no expense spared on the tenant improvements. High end furniture, fixtures and equipment adorn this beautiful interior with a full bar and three separate dining rooms. The space is perfect to accommodate a large chain restaurant and the space can easily be converted. This type of restaurant is a fit for seasoned restaurant operators that have adequate financials required for landlord review. It is perfect for corporate events, large family gatherings, and does huge business on/around all holidays. This restaurant is located very near a new Amazon distribution facility that is expected to open in August that will employ over 1,000 workers. Currently run by an absentee owner. The seller would consider carrying a note for qualified purchasers. NDA & Buyer Profile required for information on this business opportunity.

Detailed Information

Location:
Marion County, OR
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,500
Lease Expiration:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large 7,500 square foot space consists of very attractive modern upscale sushi bar with Japanese steakhouse including private dining rooms to host private parties as well as an outdoor patio. High quality Hibachi tables, beautifully furnished in excellent condition.
Competition:
This restaurant offers a unique experience like no others in the area and can accommodate very large parties that most restaurants cannot. Very attractive space in an ideal location with trained staff and a different intimate dining experience with bar and restaurant provide a competitive advantage from other area restaurants.
Growth & Expansion:
Expansion of a formal sales and marketing program to expand number of corporate events/parties, tour groups, and large events can contribute to increased growth. This restaurant has year over year growth in sales despite little marketing with sales revenues as follows: 2016 - 1.56 million, 2017- 1.94 million, 2018 - 2.07 million.
Financing:
50000.00
Support & Training:
1 week
Reason for Selling:
moving out of state
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Anthony Wright

Business Listed By:
Anthony Wright

Transworld Business Advisors of East Portland

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Sponsoring Broker:
Daren Bucklin

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