Profitable Japanese Steakhouse and Sushi Restaurant

Utah County, UT

Seller Financing Available
Profitable Japanese Steakhouse and Sushi Restaurant
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Asking Price: $135,000

Cash Flow: $103,321

Gross Revenue: $571,837

EBITDA: N/A

FF&E: $100,000

Inventory: $5,000*

Rent: $5,700 /Month

Established: 2010

*not included in asking price.

Profitable Japanese Steakhouse and Sushi Restaurant

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Business Description

PRICED FOR A QUICK SALE!

Popular Japanese hibachi steakhouse and sushi bar located on a high traffic street, near an interstate exit, office buildings and shopping. This well-designed location features hibachi tables, sushi counter, and a variety of tables and tatami booths. Known for a high-quality menu and fun hibachi table experience for cooked food, as well as an extensive and creative sushi menu.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business opened in 2010, and although the ownership changed in 2016, the same family continues to operate the restaurant.
Competition:
There are at least twenty other Japanese and sushi restaurants in southern Utah County, but few of the other restaurants offer both hibachi tables and a wide-ranging sushi menu, along with authentic tatami booths.
Growth & Expansion:
Growth will come from expanding marketing and adding delivery options (such as GrubHub). The lunch business is still relatively new and has growth potential by reaching out to nearby office buildings/businesses. Additional advertising and strengthening social media activity will also support growth.
Financing:
50000.00
Support & Training:
4 weeks
Reason for Selling:
other interests
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Arthur Warsoff

Business Listed By:
Arthur Warsoff

Transworld Business Advisors of Utah County

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