Nets $300k-Hot Asian -Sushi Restaurant
Marlborough, MA Middlesex County
Major highway-metro west
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- RE: Nets $300k-Hot Asian -Sushi Restaurant
- Contact: Bob Cioffi
Quick Facts
| Asking Price: | $650,000 | |
| Annual Revenue: | $1,550,000 | |
| Net Profit: | $30,000 | |
| Cash Flow: | $300,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2003 | |
| Employees: | 22 | |
| BBN Listing #: | 937557 | |
| Broker Reference #: | BC 71 |
Business Overview:
LOCATION: Metro West
TYPE OF BUSINESS: Profitable Asian-Sushi Restaurant
SELLING PRICE: $650,000 DOWN PAYMENT: $200,000/Owner financing for 7 years.
SALES VOLUME: $30,000 - $32,000 week. DELIVERY 10%
LEASE: $6,000 mt + NNN Years. left: 3 plus options.
SQUARE FOOTAGE: 5,000 square feet plus an additional 2,000 square feet upstairs-office-storage
HOURS OF OPERATION: 6 days 11.30 -9pm/weekends till 12.30am-closed Tuesday
SEATING: inside 192 Function room: 30 with 2 Hibachi’s set ups.
ESTIMATED NET PROFIT: $300,000.
REASON FOR SELLING: After 20 successful years, owner is retiring.
COMMENTS: Well, known high profile Asian-Sushi restaurant. This unique facility has a great 2-sided bar, a separate sushi room w/ bar and multiple hibachi tables to complement their normal seating. Strong bar business, karaoke on Fri & Sat nights (Packed house). Free standing w/ lots of parking, high visibility on a heavily traveled state road. The owner has made a small fortune and is offering 7yr.financing for qualified buyers. Full cellar and 2nd level office & storage. This facility has it all. Strong keno sales. Contact Bob using reply to this ad button.
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Property Features and Assets:
Restaurant has a 25 seat main bar and a separate room w/ bar and sushi set up/ 30 seat function room with 2 hibachi tables for private events. dining room has habichi tables and regular seating, Full cellar and 2nd floor for storage and 2 offices. Free standing, lots of parking.
Market Competition and Expansion:
Limited Asian restaurant in the area, none with separate sushi room w/ bar and seating. Easy to expand sales, offer more delivery and advertise.
Reason for Selling:
Owners are finally retiring after 20 successful years
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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