Traditional Sushi/Japanese Restaurant For Sale in Albany

Albany, CA (Alameda County)

Traditional Sushi/Japanese Restaurant For Sale in Albany
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Asking Price: Get Financing: $110,000

Cash Flow: $61,246

Gross Revenue: $448,413

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1974

Traditional Sushi/Japanese Restaurant For Sale in Albany

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Business Description

BBB#: 1505
Asking Price: $110,000
Location: Albany, Alameda County, CA
Yearly Revenues: $448,413
Yearly Cash Flow: $61,246
Monthly Rent: $1,997

LISTING DESCRIPTION:
This Sushi restaurant has been around over 37 years as a traditional Japanese/Sushi Cuisine. The restaurant in upscale neighborhood with high traffic count and is located on major street in Albany. Perfect Location!! It's been full of regular customers. Seller welcomes to train buyer if needed. 2 sushi bar locations, 3 Refrigerators, 1 grill, 4 gas burners, 1 freezer, 1 meat slicer, 1 sake warmer, 1 soup warmer, 1 hot water dispenser.

GENERAL INFORMATION:
ORGANIZATION: Individual | Year Established: 1974 | Current Owner: 1981 | Seating: 35 | Square Footage: 1,000 sf approximately | Parking: Street | License Required: ABC 41 Beer & Wine, Business, Health Dept. | Days Open/ Hours: Lunch - Tue to Fri 11:30am to 2pm, Dinner - Tue to Th 5pm to 9pm, Fri & Sat 5pm to 10pm (Closed on Sunday & Monday) | Reason to sell: Retirement & Health problem of family |

FINANCIAL INFORMATION:
Yearly Revenues: $$448,413 | Yearly Cash Flow: $61,246 |

LEASE INFORMATION:
Monthly Rent: $1,997 | Lease Expiration: June 30th 2019 | Lease Option: 3 years (New Lease Negotiable) |

Detailed Information

Employees:
8
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Jeffrey Ota

Business Listed By:
Jeffrey Ota

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