Sushi & Sake Business - $150 - 200K Monthly Sale

Not Disclosed, OR
Multnomah County

Asking Price: Annual Revenue:
$575,000 $2,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Sushi & Sake Business - $150 - 200K Monthly Sale Broker: Joseph Hollcraft
Owner Financing is Available!
The seller is willing to finance a portion of a transaction for a qualified buyer.

Quick Facts

Asking Price: $575,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $280,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 888535781
Broker Reference #: SP2023

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Business Overview:

This iconic Portland metropolitan area Japanese restaurant favorite is known for its large portions, competitive prices, and an excellent selection of sake and beer. Its 1,446 square feet occupy a high visibility corner space on a high traffic arterial intersection resulting in foot traffic patrons and benefiting from free marketing to residents and commuters passing the business.

The restaurant currently has 18 employees – 6 sushi chefs, 4 kitchen support staff, 1 dishwasher, 6 servers and a part-time website manager. Front of house, kitchen staff, and most new employees start at $15 per hour plus tips. The sushi chefs are paid $22 to $23 per hour plus tips depending on seniority and level of responsibility. The majority of the employees have worked at the business for between 5 and 10 years with 3 hires in the last 2 years. 2 employees have been with the restaurant for 20 years.

The seating area is divided into three sections. There is a larger back area with booth and table seating, a front area with only table seating, and an 8 stool sushi bar. Seating totals 56 at full capacity and the average dine time is approximately 45 minutes.

Ownership responsibilities include grocery shopping for produce, as the business uses hand selected fruits and vegetables in its dishes. Additional duties are bookkeeping, ordering, and general staff and restaurant management.

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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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