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Business For Sale
PREMIER JAPANESE RESTAURANT
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Asking Price: |
$545,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Owners have a mandated arbitration agreement to |
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Year Established:
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1996 |
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# of Employees:
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16 |
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Yearly Cash Flow:
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$165,000 |
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Yearly EBITDA:
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$1,500,000 |
Business for Sale Overview:
This is a very well established Japanese restaurant in one of Boston’s most upscale urban neighborhoods. Decor is modern and updated. Staff is very authentic and professional. Complete separate bar area. Full lunch and dinner with out door seating for 40. Current owners have agreed to go separate ways and though recent revenues are below historic levels, there is a tremendous potential for revenue growth with proper management. Revenue from 5 years ago was more than double last year’s. Plenty of available parking, main and cross street. One minute walk from Green Line T stop. Hours: Mon-Sun 11:30 am – 2:30 pm, 5 pm- 9:30 pm. Available for showing prior to 10AM please.
Property Features and Assets:
3,200 square feet on street level with 3,200 square feet full basement. Outdoor seating for 40; One minute walk from Green Line T stop.
Market Competition and Expansion:
Nearest Japanese restaurant is 1.5 miles away; Proper management will greatly improve performance.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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