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San Joaquin County, California
Asking Price
$449,000
Revenue
Call/Email
Down
$350,000
Cash Flow
Call/Email
Name: Mike Bolen
Name
Mike Bolen
FE&E:
$100,000
Reason for sale:
New Ventures
Listing Number:
9953-314801
Sales:
$887,986
Posting ID:
ID tw:91610 / Listing Number 9953-314801
Business Category:
Liquor Related Biz, Restaurants
Keywords:
Transworld
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Arcadia, California
ASK $239K:JAPANESE SUSHI ARCADIA: MONTH GROSS $80K, NET $12K:SBA $80K DOWN
$ 239,000
CF : $ 144,000
Situated in Arcadia, California, this Japanese and Asian restaurant is currently available for acquisition. The establishment has been serving the Los Angeles county since 2012, and offers a semi-absentee run business model. With a team of 7 employees, the restaurant offers a pleasant dining experience to its customers. The restaurant is well-known for its sushi and comes with training and support for 2 weeks after the closing of escrow, ensuring a smooth transition for the new owner. The business attributes also include a liquor license, adding to its appeal. The establishment operates from a 2400 square foot space and is not remotely run. The current asking price for the restaurant is $249,000. The business demonstrates a healthy cash flow of $144,000, making it a profitable venture. The sale reason is due to retirement, providing a great opportunity for those looking to step into the restaurant industry or expand their existing portfolio. The restaurant operates under a lease term of 5 years, with a 5-year option available. This ensures the new owner will have a secure location for a considerable period. Take advantage of this opportunity to own a Japanese and Asian restaurant in a prime California location. Please contact the broker Joey Kim 213 255 1478 more details.
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