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Maryland Business For Sale |
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| JAPANESE STEAKHOUSE |
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| Attn: Harry Wolf |
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| Howard County, MD, USA |
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| Asking Price: |
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$300,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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The owner wishes to retire. |
| Year Established: |
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1990 |
| # of Employees: |
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7 Full Time / 23 Part Time |
| Yearly Gross Income: |
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$1,013,605 |
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Business for Sale Overview:
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The family that runs this establishment has taken great pride over the years to care for the restaurant, their employees and patrons. The inside of the restaurant is beautiful and built out in true Japanese style. The original cost to built out the space was $700,000. They are a traditional Japanese Steakhouse serving both Teppan (cooked at your table) and popular Japanese foods. For sushi lovers they have a wonderful assortment of the freshest seafood delicacies. They also have a full liquor license. Popular restaurant, great price, won't last long!
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Property Features and Assets:
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The restaurant is located in a fully leased strip center and has 7,174 square feet. The rent is $12,212 per month NNN (pass through charges are approximately $3,000 per month plus or minus). The lease expires 7/31/11 and the sale would be contingent upon negotiation of additional renewal options.
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Market Competition and Expansion:
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The restaurant has a 48 seat banquet room. By adding a marketing director to increase sales would be a expansion possibility. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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