Business Overview:
This profitable Sushi and Hibachi restaurant has clean financials showing consistent profit, except for 2020 Covid year. The seller is not involved in the day-to-day operations. Managers and employees handle everything. Seller has other businesses and does not want to continue to operate this business. IMPORTANT: Seller has a $150,000 EIDL loan that must be assumed. The purchase price is $220,000 total but buyer need only pay $70,000 down and then assume the $150,000 EIDL loan which is amortized over 30 years and monthly payments of $750. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff of X will all be willing to stay on with the new owner of this business. Income quoted is projected. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This is a leased location of 2,399 square feet with a Total monthly rent of $7,500. Lease ends 06/2025 with One 5-years options. Seller is active with 8 Full Time and 2 Part Time employees. Hours of operation are 11:30am-2:30pm and 2:30pm-4:30pm Monday, Wednesday to Sunday. $1,000 in inventory and $75,000 in FF&E included in the asking Price.
Reason for Selling:
Too busy with day job.
Additional Details:
- The property is leased.
- The owner is 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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