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Santa Clara County, California
Established Profitable Sushi + Ramen Restaurant/179K SDE/SBA/Major Upside
Asking Price
$375,000
Revenue
$639,730
Down
Call/Email
Cash Flow
$178,888
Description
Established since 2012, this turnkey Japanese restaurant offers proven profitability, strong cash flow, an affluent South Bay location, attractive rent, and significant untapped growth potential.
Asking Price: $375,000
Located in a popular foodie dining plaza in an affluent and upscale community this thriving restaurant is highly visible, reputable and attracts immense foot and drive by traffic everyday throughout the week.
Surrounded by high income demographic communities within a 1 -2-mile radius, close to golf courses, wineries and other local attractions, this restaurant has a proven track record of consistent and stable income and cash flow year on year.
Financial Summary (3-Year Ave)
Gross Revenue: ~$639,730
SDE: ~$178,888
SBA financing pre-qualified for up to 90% for the right buyer.
Seller financing plus extended seller training available for the right buyer
Immediate Upside Growth:
Add Lunch Service and Promote the extensive 12 item Ramen Menu
Currently lunch is offered only on weekends, dinner service on weekdays and weekends, 6 days a week.
A new owner can immediately drive-up income and profitability:
- Add weekday lunch service
- Promote the restaurant’s extensive ramen menu. Ramen is very popular and in high demand at this restaurant. With its 12 ramen selection menu, it is well positioned to capitalize and cash in on this demand.
These operational changes can be implemented immediately with min. capital investment to drive-up sales income and profitability
LEASE The restaurant has a long term lease with an exclusive clause for Japanese cuisine within the plaza and a low rent at $3,164 +NNN /month with 3% rent increase per annum. The secure lease structure provides long term value and continuity for the buyer.
The 1,200 sq. ft layout generates strong revenue per sq. ft. The current seating arrangement can potentially be expanded without relocation.
OPERATIONS: The restaurant is well-maintained,and fully equipped to serve a full authentic Japanese cuisine menu and the 12-item ramen menu variety.
This restaurant is turnkey and efficiently run by 3 FT employees – 2 sushi chefs, 1 kitchen Manager and 3 PT Servers
SIGNIFICANT IMMEDIATE UPSIDE:
Demand remains strong with huge untapped potential for income and profitability growth.
Add weekday lunch and promote its 12-ramen item menu - the fastest and lowest-risk ways to increase revenue without major capital investment.
Additional growth opportunities:
• Activate third-party delivery platforms (currently not available)
• Open on Mon.
IDEAL BUYER This proven, stable and profitable business opportunity is ideal for a sushi chef seeking his/her own location, an experienced restaurant operator expanding footprint into an affluent market, experienced family operator, investor with hired chef model or a hospitality group seeking affluent market presence.
The combination of a prime location in an affluent trade area within a destination dining plaza, long term lease with low rent and exclusive use protection, proven stable revenue with strong cashflow, immediate upside potential with min. capital investments makes this turnkey sushi and ramen restaurant a rare and desirable business opportunity.
Reason For Sale: Retirement
Disclaimer
Intero Business Brokers has based this presentation and analysis upon information supplied by the Seller and the Seller’s Disclosure Statement. Intero Business Brokers did not make an attempt to independently verify these representations, and, therefore does not make any expressed nor implied warrantees as to the conclusions drawn. During the due diligence process, it is the responsibility of the Buyer with the aid of an accountant and/or attorney, if necessary, to independently verify all representations which have been made.
Business Details
Year Established:
2012
Employees:
6
FE&E:
Included
Reason for sale:
Retirement
Support & Training:
The seller who is also a sushi chef is committed to the long term success of the buyer. In addition to the agreed training period, he is willing to remain involved for an extended period if necessary with negotiated compensation to provide ongoing support to ensure a seamless transfer of Ownership with minimum disruption to the business
Property Information
Size in Square Feet:
1,200 sqft
Lease Terms:
current lease expires in May 2030 with additional 5 years renewal option
Premises Details:
1200 sq ft , seats 22, potential to expand to 30 seats
Lease & Tenant Information
Lease Options:
$3,164
Posting Information
Posting ID:
8923788
Business Category:
Restaurants & Food
Business Types:
Japanese Restaurant
Attributes:
Owner/Seller Financing
SBA Loan Pre-Qualified
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
Established Profitable Sushi + Ramen Restaurant/179K SDE/SBA/Major Upside
Posting ID
#8923788
Full Name (Required)
Email (Required)
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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