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For Sale: Japanese Sushi Restaurant - San Mateo


Current Status: Active     Posting #: 260170     Last Refreshed: 7/3/20    
Contact: Jeffrey Ota At 415-272-5061  -  Also Email This Contact Below
Price:  $489,000     Down:  $489,000     Adjusted Net:  $100,000     Revenue:  $1,308,533    
Business Address:  None Given     City:  San Mateo     Zip:  None Given    
Attributes:  Absentee Run, Training & Support     Cooperation With Brokers?  No

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  Description About This Posting: Japanese Sushi Restaurant
Bbb#: 1578
Asking price: $489,000
Location: san mateo, san mateo county, ca
Annual estimated revenues: $1,308,533
Annual estimated cash floe: $100,000
Monthly rent: $5,742 with nnn: $2,722/m

Listing description:
This fully equipped (japanese) restaurant with abc 41 beer & wine license, is well located in san mateo downtown with constantly high pedestrian and motorist traffic. This is an absentee-owner's run. Turn-key situation!!
(bar area)
1 pos, counter cooler with 2-door, hand sink, counter cooler with 3-glass-door, beer server, hot water dispenser, sake dispenser, ice machine
(kitchen area)
Type 1 hood, 6 gas burners, grill, charcoal grill, 2 fryers, 3-compartment sink, prep-sink, hand-sink, rice cooker, cooler with 2-doors, freezer with 2-door, ice machine, sandwich table with 3-door
(sushi bar)
3 sushi cases, 2 counter coolers with 2-door, counter cooler with 1-door, toaster
(office)
2 freezers with 1-door, cooler with 1-door, cooler with 2-glass-door

General information:
Organization: corporation | year established: 2012 | current owner: 2018 |
Seating: 84 | square footage: 2,650 sf | parking: street | license required: abc 41 beer & wine, business, health | days open/hours: 7 days dinner only, 5pm - 10pm, 10:30pm (fri & sat) | reason to sell: other investment |

Financial information:
Annual estimated revenues: $1,308,533
Annual estimated cash flow: $100,000

Lease information:
Base rent: $5,742/m | nnn: $2,722/m | lease expiration: 12/31/2020 |
Lease option: 2 x five years options

To get more information about this Japanese Sushi Restaurant business for sale in San Mateo please phone Jeffrey Ota (Agent - BRE License #:01212731) at 415-272-5061 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #260170 on BizBen.com. In addition to phoning Jeffrey Ota, make sure you email Jeffrey Ota above to get more info about this Japanese Sushi Restaurant, to ask any questions or request an appointment to see this business for sale. Thank you.

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