Sushi, Teppan, Cocktails, $2.7M Sales 2024
Not Disclosed, CA Orange County
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- RE: Sushi, Teppan, Cocktails, $2.7M Sales 2024
- Contact: William Park
- License #: 1995716
Quick Facts
| Asking Price: | $590,000 | |
| Annual Revenue: | $2,730,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $800,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 40 | |
| BBN Listing #: | 985309 | |
| Broker Reference #: | 5218 WP |
Business Overview:
Asset Sale with Gross Revenues in 2024 of $2,730,000. Very Popular Sushi & Teppan Grill Restaurant with Full Cocktail License. Popular Trendy, Long Established in the Heart of South Orange County, Mission Viejo. Since 2005 This Happening Restaurant with a Club Vibe has Been Rockin Customers and Pouring Drinks packed on weekends. Prime Location on Top Floor of Shopping Center directly across from Movie Theater. Very short hours from 5:00 PM and Kitchen closing at 10:00 PM. Drinking goes on until customers thin out. Ample parking, large and very spacious at 8660 Square Feet plus Patio yielding 9200 Square Feet total. Maximum Capacity is 385 inside, and 49 on Patio. Rent is $2.51 + NNN $0.99 per SQFT. Total Rent + NNN is almost $30K per month. Total of 40 Employees run the show with a full time manager. Owner lives out of state, and wants the business sold. This is a great opportunity to acquire a solid, long running establishment with a long lease and fantastic terms. Clean ABC 47 Cocktail License.
This is an "Asset Sale, As Is, Where Is". Seller has lowered the price for a quick sale of assets. Sales records are on the POS, but this is an Asset Sale with no further Book Check. Buyer may perform due diligence on the assets, not goodwill.
Buyer should be professional, experienced, and have ample liquidity to successfully operate such a large restaurant, and qualify with the Landlord.
Confidential Sale, please do not disturb employees, landlord, neighbors or customers. Contact Broker for more information and NDA.
Listing: 5218 WP
Contact the Seller:
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Reason for Selling:
Moved out of State. Kindly ask the seller for more information.
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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