The Japanese Kitchen Steakhouse-turnkey w/full bar

Albuquerque, NM
Bernalillo County

Albuquerque Uptown


Asking Price: Annual Revenue:
$485,000 $1,294,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: The Japanese Kitchen Steakhouse-turnkey w/full bar Broker: Barbara Kline
License #: NMREC 49950

Quick Facts

Asking Price: $485,000
Annual Revenue: $1,294,000
Net Profit: Not Disclosed
Cash Flow: $129,000
Total Debt: Not Disclosed
FF&E: $232,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: Not Disclosed
BBN Listing #: 440959713
Broker Reference #: Not Disclosed

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Business Overview:

This is your opportunity to own and operate an iconic Japanese restaurant. The Japanese Kitchen has been an Albuquerque landmark for 30 years.

The Japanese Kitchen Steakhouse, located in the upscale Uptown shopping and business district boasts multiple dining areas with teppan tables, a full bar, a large, well organized kitchen, small sushi bar, and a private party area. It consistently ranks in the top 5 Japanese restaurants in the Albuquerque Journal and other area publications. The Walkability Index for the area is 82 and the restaurant draws from nearby office complexes, hotels and shopping areas, as well as boasting a city-wide following. It is designed to provide the ultimate experience in Japanese teppan dining. The 4,090 +/- square feet area can seat up to 215 patrons. A Dispenser License, which is not included in the business list price, is available for purchase along with the business.

The restaurant has long-term trained staff, most of whom are likely to stay through a transition in ownership. This is an asset sale. Owner is retiring.

Financials as of FY 2020, closed June 30, 2020.

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Property Features and Assets:

Situated in upscale office plaza in upscale work and shopping district. Multiple seating areas, full bar. High end decor.

Market Competition and Expansion:

Consistently ranked among top 5 Japanese restaurants in Albuquerque. Flexible space allows for additional services.

Reason for Selling:

Owner retiring.

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.

Documents:

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