Sushi & Japanese Restaurant-More Potential

Contra Costa County, CA

Sushi & Japanese Restaurant-More Potential
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Asking Price: $350,000

Cash Flow: $158,459

Gross Revenue: $1,046,561

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Sushi & Japanese Restaurant-More Potential

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Business Description

Well known Traditional Japanese and Sushi Restaurant since 1985, seller is the second generation of the family. This is a huge stand alone building with two story, two separate entrances and two separate full kitchens. New owner can open the other side to serve different food. Seller claims revenue $1,046,561 net income $158,459.

10,000 sf, rent is $12,321 per month, property tax $1000 per year.
Very long lease term. Lease will be expired in 2028, another 3 x5 years option.

Two separate entrances, two story, large party room for company parties. Upstairs, big office with lounge room. Hard liquor license 47 with a BAR. Open 11:30am to 9:00pm 7 days a week.

14 employees including owner. One Sushi chef has been working here over 30 years, another one has been here over 20 years. They have stable customers base.

Current owner only uses one side of the restaurant, new owner can use the other side from another entrance, cook other type of food. That will generate more revenue.

This restaurant sell more food from kitchen than Sushi Bar. If the new owner increases sales from Sushi Bar, that will generate more revenue.

Rent is extremely low per square foot, it is a great opportunity for someone who wants to expand the business. You are purchasing a rare opportunity.

If you are interested, contact with me for details. Thanks.

Detailed Information

Location:
Contra Costa County, CA
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shifang Sun

Business Listed By:
shifang Sun

Alliance Bay Realty

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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