Business for Sale Overview:
Unique Japanese concept with strong location on the South Shore. The restaurant is located on a busy state route; the facility is modern and has a beautiful build-out. This site has a history of strong sales and excellent growth potential. The business and/or Real Estate are for sale.
Equipment: The equipment has been well maintained and is of good quality.
Lease Term: 3.5 years remaining on the current term with one Five (5) year option.
Base Rent: $7,184 per month NNN
Size: 5,050 square feet (structure) 17,000 square foot (lot)
Seating: 150 seats
Hours: 3:00 PM – 10:30 PM
Licenses: Full Liquor & C.V.
Sales: Approximately $700,000 in 2008
Cash Flow: $102,000
Real Estate: Is available for $1,150,000 there is also the possibility of an option to purchase the Real Estate
Asking Price: $150,000 for the Business; the Real Estate is additional.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Facility: This is a stand alone building, the space is approximately 5,050 square feet; the facility consists of a bar area, large kitchen and two large dinning areas. There is seating for 150 persons.
Condition: The building and restaurant are in good condition and have been recently improved.
Parking: Private Lot with plenty of parking.
Market Competition and Expansion:
Virtually no competition in the local trade area.
Reason for Selling:
Health reasons
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.