Sushi Restaurant; Hi-Rev $1.18M, Netting $360K, SBA Ava, at $75K, RS

Beaumont, CA (Riverside County)

Sushi Restaurant; Hi-Rev $1.18M, Netting $360K, SBA Ava, at $75K, RS
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Asking Price: $750,000

Cash Flow: $360,000

Gross Revenue: $1,176,000

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Rent: $4,000 /Month

Established: 2016

*not included in asking price.

Sushi Restaurant; Hi-Rev $1.18M, Netting $360K, SBA Ava, at $75K, RS

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Business Description

> A well-structured family Sushi Restaurant with sushi bar. Beer and wine served. No AYCE. Low rent. Semi-absentee run.
> The sales volume is quite high and it generates about 1.2 million sales per year.
> Situated in modern style mid-sized shopiping plaza.
> Built in two & half years ago and entered into the growing stage.
> Sales and income are increasing noticibly every month.
> For more, see below;
• Monthly gross turnover averages anywhere between $95,000 and $105,000
• Monthly net income possible is an average of $30,000 and up
• All in rent is $4,000, including NNN/CAM
• 3+10 years long-term lease is in palce
• Size is approx. 1700 sq. ft with 68 seating capacity
• Opening hours are from 11 am to 10 pm Sunday through Tuesday and 11 am to 1 am on Wednesdays, Thursdays, Fridays and Saturdays
• Employees: 5 FT, 6-7 PT
• Ample parking space at shopping center
• SBA loan is available with 30% down payment
• Tax returns, P & L are only available to buyers who submits the proposal and the seller approves the offe
• An online NDA form attached for your convenience
• For more information, contact Kevin Kim at beeinvest.kim@gmail.com

Attached Documents


Detailed Information

Location:
Beaumont, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
6/30/2028
Employees:
12
Facilities:
Full kitchen, Sushi Bar, Beer & WIne offered, Luxury interiors, All FFEs are almost new ?ecause the restaurant was just built new in late 2106.
Competition:
There is another sushi restaurant with the same DBA with the same owner within 3 miles. However, in reality, they do not compete with each other because of being far enough and different customers
Financing:
SBA available
Support & Training:
2 weeks after closing
Reason for Selling:
Having another business
Contact Seller

Contact the Seller

(from currently available funds)
 
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Kevin Kim

Business Listed By:
Kevin Yong Kim

Bee Realty Group

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