Teppan Sushi Cocktail Bar, Absentee Owner

Not Disclosed, CA Orange County

Asking Price: $1,450,000

Annual Revenue: $3,000,000

Food & Beverage: Bars, Clubs, Nightspots

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Teppan Sushi Cocktail Bar, Absentee Owner

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RE: Teppan Sushi Cocktail Bar, Absentee Owner
Contact: William Park
License #: 1995716

Quick Facts

	Asking Price:	$1,450,000
	Annual Revenue:	$3,000,000
	Net Profit:	Not Disclosed
	Cash Flow:	$500,000
	Total Debt:	Not Disclosed
	FF&E:	$800,000
	Real Estate:	Not Disclosed
	Year Established:	2005
	Employees:	41
	BBN Listing #:	946706
	Broker Reference #:	5218 WP

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Business Overview:

Very Popular Sushi & Teppan Grill Restaurant with Full Cocktail License. Loud Music, Trendy, Well Established in the Heart of South Orange County. Since 2005 This Happening Restaurant with a Club Vibe has Been Rockin Customers and Pouring Drinks. 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. Total of 40 Employees run the show with a full time manager. Owner lives out of state, and wants a cash Buyer now! This is a great opportunity to acquire a solid, long running establishment with brand new 10 years lease with fantastic terms. Clean ABC 47 Cocktail License. Buyer should be professional, experienced, and have ample liquidity. Confidential Sale, please do not disturb employees, landlord, neighbors or customers. Contact Broker for more information and NDA.

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Market Competition and Expansion:

Reason for Selling:

Moved out of State

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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