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For Sale: Sushi Restaurant - Stable Income - Los Angeles County, California

$495,000.00

Asking Price

  • Address: Santa Monica,

  • Status: Active

  • Posting ID: 281014

  • 3/6/24

Los Angeles County Sushi Restaurant - Stable Income Business For Sale

Description

This restaurant is not an all-you-can-eat restaurant. Therefore, the profit margin is good. It has been in business for a long time in one location, so there are many regular customers, and the income is relatively stable. The current owner is not a chef but has been managing the restaurant for 10 years. It is expected that the net profit will be higher if the new owner is a chef, but it is not necessary for the new owner to be a chef. There is a type 41 license and there is 30% deposit and 70% SBA loan.

1. Store size: 1,750 sq ft.
2. Business hours: 11:30~10pm(M~F), 1pm~10pm(Sat), 1pm~9pm(Sun)
3. Rent & Increase: $5,000(Include CAM), 3%
4. Lease & Deposit: 5+5 years, $7,500
5. No. of Employee: F 5, P 3(4 chef, 2 server, 2 kitchen)
6. How long owner work per week: Just manage
7. How long Estab: 20 years
8. How long current owner: 12/2013
9. Reason for sale: Retired
10. Gross sale: $95,000
11. Net income: $18,000
12. Asking price: $495,000

To get more information about this Sushi Restaurant - Stable Income business for sale in Los Angeles County please phone Sinclair Kim (Intermediary, Agent - BRE License #:02074829) at 714-926-1556 Cell and 714-926-1556 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281014 on BizBen.com. In addition to phoning Sinclair Kim, make sure you email Sinclair Kim above to get more info about this Sushi Restaurant - Stable Income, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02074829. Tree Realty.

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Contact

  1. Name: Sinclair Kim
  2. phone iconPhone: 714-926-1556 Cell
  3. phone iconPhone: 714-926-1556 Text

Details

  1. Asking Price: $495,000.00

  2. Down: Call/Email

  3. Cash Flow: $216,000.00

  4. Revenue:    $1,140,000.00

  1. Area: Los Angeles County

  2. City: Santa Monica

  1. Attributes:

    Training & Support

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Related Links & Information Regarding This Posting

Email Sinclair Kim Below About This Posting


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