Sushi and Japanese Restaurant-Semi-Absentee Run

Alameda County, CA

Sushi and Japanese Restaurant-Semi-Absentee Run
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Asking Price: $960,000

Cash Flow: $561,671

Gross Revenue: $1,953,854

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Sushi and Japanese Restaurant-Semi-Absentee Run

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Business Description

Semi-Absentee High Profit Sushi and Japanese restaurant with a sushi bar is located at a high traffic shopping center. Business has been increasing every year for the last four years and still growing. Seller claims revenue 2018 $1,953,854, adjust net income $561,671.

Jan. to July 2019, revenue is $1,393,158. $41,000 increase per month. Prospective revenue $2.3M, Net Income $800,000 in 2019.

1695 sq. ft., rent is $7,903 including NNN, annual increase 3%. Lease will be expired in 2021. Landlord is willing to give the new qualified owner extension.

17 employees, 14 full time, 3 part time. Open 11:30am to 9:30pm, 7 days a week.

Seller only works as a backup in case when his sushi chef has emergency.

This is a rare opportunity for either an investor or owner operating. Contact with me only if you are a confident and financially qualified buyer. Thanks

Detailed Information

Location:
Alameda 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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