Teriyaki-Sushi Restaurant in SF $192K Net & Buyer needs Only 10% ($29,000) down SBA Loan.
Profitable & Established business for over 23-years at this location and 11-years with the current owners. Great online reviews for local and tourist customers, long-term 10-year lease, low rent $3100/month. Business currently operates M-S, closed on Sundays, new owner can get additional sales if open on Sundays. Seller claims; Gross annual sales $468,000.00 with $132,000 Net, after $84K payroll already deducted from Net. It is currently run by the owners/parents and two sons helping out along with their other full-time jobs, so it's time for parents to retire. A great opportunity for new owner to enjoy established cash flow. Seller willing to carry a 30% loan for qualified buyer also it is eligible for SBA Financing with 10% down. Books available for review.
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer.