Japanese Sushi Beer and Wine Restaurant

Torrance, CA
Los Angeles County


Asking Price: Annual Revenue:
$500,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Japanese Sushi Beer and Wine Restaurant Broker: Jerry Diza

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $240,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 660257972
Broker Reference #: 18178HP

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Business Overview:

Your classic Japanese restaurant with beer and wine. It is situated in a nice old town setting with plenty of businesses nearby for a great business lunch setting. Evening sales are where the bulk of the business flows in and has a big following on social media and excellent ratings online. The restaurant opened in first quarter of 2017 and has hit milestone sales of 1 million with a projection to hit 1.2 million in 2018.

DEMOGRAPHICS:
Per City-Data website, this city has:
Estimated median income of approximately $65,000 in 2016
Population of over 44,000 in 2016.
Median price of a detached home: $756,000

CURRENT MANAGEMENT & LABOR:
Currently one manager controls all the costs and labor. The labor costs with all taxes are about 33% including management salary. The current management will be leaving upon sale of business. An owner operator would definitely save on labor and streamline the all costs and operations. Training will be provided upon sale of business.

FINANCIAL SUMMARY:
Sales averaging $100,000 monthly and climbing. On track to hit 1.2 million in 2018. Sales in 2017 hit just under 1 million showing a whopping 20% increase in a year without any menu price increases.
Sales: $100,000
Payroll: $27,000 (Owner operator)
Rent: $9,000
C.O.G.: $34,000 (Alcohol only at 3.8% of sales)
Uncontrollable/misc. expense: $10,000
Net income: $240,000 a year (20% achievable)

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Property Features and Assets:

EQUIPMENT: Back of house: Type-1 hood, grill, griddle, grease trap, prep tables, walk-in freezer, walk-in cooler, fryer Front of house: POS system, chair and tables for 90 people. FACILITIES & OPERATIONS: 2,700 sf in a mixed commercial & residential area. Plenty of big name and local businesses surround the restaurant. Setup for your traditional local Japanese cuisine joint with a hint of fine-dine flare to be able to have great business meetings or a night out to celebrate any occasion. Along with the traditional Japanese cuisine, the owners have introduced their own fusion plates centered around Uni that has harbored much attention to yelpers and foodies alike. As for operations, an owner operator could take this business to the next level with controlled food costs and operational efficiency. The current manager will be leaving upon sale of the business.

Market Competition and Expansion:

Marketing is mainly done by social media and word of mouth. The specialty of the food mixed in with your standard Japanese cuisine brings in plenty of attention. Opportunities exist for your standard marketing with flyers and pr to local businesses nearby. Happy hour and specials could be implemented to drive in more conversions. Also possibility of 3rd party delivery services could also be implemented as none exist at the moment.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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