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For Sale: Japanese Restaurant - Same Owner Since 2001 - Irvine, California

$392,000.00

Asking Price

  • Address: Irvine,

  • Status: In Contract

  • Posting ID: 285738

  • 3/20/24

Irvine Japanese Restaurant - Same Owner Since 2001 Business For Sale

Description

#1177102
Area: Irvine
Asking Price: $392,000 + Inventory
Annual Sales (2023): $1,761,352
Annual SDE (2023): $305,492
Rent: $12,217.41 (The base rent may adjust to the fair market rent)
NNN: $2,496.63
Security Deposit: $12,667
Lease Term: Until December 31, 2026
Size: 2,126 sq ft
Liquor License: 41 (On-Sale Beer & Wine)
Training: Negotiable
Business Established: 2001
Reason for selling: Please ask the agent for details.

This is a historical and profitable Japanese restaurant in Irvine that has been owned by the same Japanese owner since 2001. They offer authentic Japanese food such as Japanese noodles, bowls, traditional appetizers, and more. Since Covid, they have been operating takeout only. There is a lot of potential for new buyers to increase sales and profit by opening 7 days a week, using third-party delivery services to enhance delivery sales (currently none are being used), and opening for dine-in services. A new buyer must have adequate restaurant experience and a strong financial background to qualify for the lease.

To get more information about this Japanese Restaurant - Same Owner Since 2001 business for sale in Irvine please phone Take Iga, CBI (Agent - BRE License #:02112266) at 310-339-1734 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285738 on BizBen.com. In addition to phoning Take Iga, CBI, make sure you email Take Iga, CBI above to get more info about this Japanese Restaurant - Same Owner Since 2001, to ask any questions or request an appointment to see this business for sale. Thank you. License # BRE #02112266. eXp Commercial of California Inc..

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Contact

  1. Name: Take Iga, CBI
  2. phone iconPhone: 310-339-1734

Details

  1. Asking Price: $392,000.00

  2. Down: $392,000.00

  3. Cash Flow: $305,492.00

  4. Revenue:    $1,761,352.00

  1. Area: Irvine

  2. City: Irvine

  1. Attributes:

    Broker CooperationTraining & Support

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Related Links & Information Regarding This Posting

Email Take Iga, CBI Below About This Posting


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