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Temecula, Riverside County, California
Large 80-Seat Sushi Restaurant – Conversion to Another Concept Possible
Asking Price
$295,000
Revenue
$797,448
Down
Call/Email
Cash Flow
Call/Email
Description
Although the restaurant continues to generate sales, after considering the high rent, payroll, and other operating expenses, there is very little actual net profit, and the business has operated at a loss during certain periods. Therefore, rather than selling it as a goodwill-based business valued according to its current income or net profit, the owner would like to sell it as an asset sale based on the existing equipment, facilities, location, and sales foundation.
This opportunity may be suitable for someone who wants to take over the existing sushi restaurant and revitalize it by improving the menu, staffing, and operating system, or for someone who wants to use the current facility for a different restaurant concept or food-service business. The purchase price is negotiable depending on the buyer’s terms and offer.
*Store Size: Approximately 2,422 sq. ft.
*Seating Capacity: Approximately 80 seats
*Business Hours: 11:00 a.m. to 9:30 p.m., open 7 days a week
*Monthly Base Rent: $11,063
*CAM: $4,129
*Total Monthly Rent: Approximately $15,192
*Annual Rent Increase: 3%
*Lease: Approximately 2 years remaining, plus a 10-year option
*Security Deposit: Approximately 3 months’ rent
*Employees: 5 full-time and 8 part-time employees
*Employee Breakdown: 3 chefs, 3 kitchen staff members, and 7 servers
*Owner’s Role: The owner does not regularly work in the kitchen or dining area and mainly handles employee hiring, food and supply ordering, grocery shopping, and general management
*Current Ownership Since: December 2019
*Reason for Sale: The owner would like to take a break
*2025 Annual Gross Sales: Approximately $930,000
*2026 Average Monthly Gross Sales: Approximately $66,454
-->Financial Information
The current owner operates another business location in addition to this restaurant, and the sales and expenses of both locations were combined for tax reporting and Profit & Loss Statements. Therefore, a separate Tax Return or independent Profit & Loss Statement showing only the financial performance of this location is not available.
In addition, after deducting payroll, rent, and all other operating expenses, the restaurant currently generates little to no net profit. Therefore, this opportunity should not be evaluated as the purchase of an existing profitable business. Instead, it should be considered an opportunity for a new operator to utilize the current equipment, facilities, sales foundation, and business location to improve the operation or convert it into a new concept.
This is an asset-sale opportunity with the current operating condition and profitability fully disclosed. The purchase price is negotiable.
Business Details
Year Established:
2019
Reason for sale:
The owner would like to take a break
Property Information
Size in Square Feet:
2,422 sqft
Lease Terms:
2+10
Lease & Tenant Information
Lease Options:
$15,192
Posting Information
Posting ID:
3555751
Business Category:
Restaurants & Food
Business Types:
Sushi Restaurant
Attributes:
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Large 80-Seat Sushi Restaurant – Conversion to Another Concept Possible
Posting ID
#3555751
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Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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