REALLY Busy Sushi Restaurant with GROSS $1,630,000 with $384,000 NET
Store size: 3,100 sf
Rent: $3,000
Lease: 2029 plus 5 year option
ABSENTEE – owner just manages once a week but it’s not necessary.
1) Business hours: 11:30am – 10pm
2) # of Employees: Ft10, Pt2($45,000)
3) Reason for sale: Moving to Vegas to take over fathers business.
4) Gross sale: $1,630,000
5) Net income: $384,000
6) Asking price: $680,000
Comment:
This restaurant has very big potential. Right now, weekends have a waiting list. Patio is yet to be utilized, which can be used for 8 new tables, significantly reducing wait times for customers. New owner can come in and fix patio and raise monthly revenue from $135,000 to over $150,000+ easily.
Customers have the option of AYCE or à la carte. Currently AYCE(60%), à la carte(20%), ubereats/DD(20%). Monthly average $135,000+.
WILL NOT LAST. SELLING FOR LESS THAN 2X CASHFLOW TO GET A SALE QUICK.
Buyer needs to move to Vegas asap for family matters.
No SBA due to company being less than 2 years old. Buyer may obtain a personal loan to buy the business.
