Hudson County, NJ Sushi and Japanese Restaurants For Sale

Sushi and Japanese RestaurantsNew JerseyHudson

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Sushi Restaurant
$199,000Seller Financing
Sushi Restaurant

Hudson County, NJ

Recently available, this sixteen-year-old successful sushi restaurant located in a highly populated urban city in Northern New Jersey. The restaurant can evidence a 2018 gross yearly income of $686,691 and a consistent net yearly income to the owner operator with additional growth potential. The restaurant is a new take on Japanese food but with a modern twist. The restaurant has a welcoming feel, with attractive décor and inspired accents. The restaurant is the culmination of their unwavering focus to the purity of the fish and the expression of their devotion to traditional Japanese techniques. Regarding employees and payroll, this restaurant company consist of eight full / part time employees who are unaware of the pending sale. The payroll is based on a weekly salary and an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $9,500. Lease and terms, the business transaction will offer an assignable commercial lease which expires 2025, plus additional options available, with a monthly rent of $5,165, cost per square foot is estimated at $41.32 and rent security of approximately $5,000. This casual restaurant business opportunity consists of approximately 2,000 square feet and has an estimated capacity for fifty-five customers. Days Hours of operation, this fast food restaurant business is active seven days per week, with hours from 11:00 am to 11:00 pm. The business has been valued / priced at $199,000 which will be based on a multiple of the net yearly income and includes the value of the specific business assets. Also, possible seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a wonderful business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

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