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Simi Valley, Ventura County, California
Asking Price
$345,000
Revenue
$1,020,000
Down
$125,000
Cash Flow
Call/Email
Name: Cheong Won
Phone: Show phone number
Name
Cheong Won
Phone
Show phone number
Posting ID:
291108
Attributes:
Training And Support
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Posting Title
Sushi Restaurant - Great Location, Affluent Area
Posting ID
#291108
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Simi Valley, California
Sushi Restaurant - Great Location, Affluent Area
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For sale is a sushi restaurant at a great location in the affluent Simi Valley. The current monthly sale is $85,000. 2,000 sqft, Rent $9,800 including NNN. Beer/Wine License. SBA Loan available. 'All information was deemed to be from reliable sources or the seller, but is not guaranteed.'
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This is an asset sale being offered as is. The cafe previously operated successfully from 2004 until its recent closure and is located in a high-traffic shopping center, providing an excellent opportunity for a new owner to step in and create their own concept. The space features a spacious, well-designed interior and comes fully equipped with essential restaurant equipment, including : 6-foot hood, 4-burner commercial gas range, Refrigerator and freezer, Floor fryer, Countertop stove, Espresso machine, Ice machine, Blenders, and more This is a great opportunity for someone looking to start a cafe or food service business without the high cost of building out from scratch.
Simi Valley, California
Sushi Restaurant - 22 Year History, Loyal Customer
$ 179,000
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Popular Sushi Restaurant with 22 Years of Success and Loyal Clientele – Now Available! *Store Size: 1,800 sf, 68 seating capacity *Business Hours: 11:30 AM – 9:30 PM, 11:30 AM – 10:00 PM (Fri & Sat) *Rent: $6,886/month (includes CAM), 3% annual increase *Lease: 6 years remaining, 2-month deposit *Staff: F/T 5 (3 Chefs, 1 Kitchen, 1 Server); P/T 4 (1 Server, 2 Dishwashers, 1 Kitchen) *Owner Involvement: Full-time, assisting as Server and supporting staff *Established: 11/2002 (22 years) *Ownership Duration: Since 11/2002 *Reason for Sale: Owner retiring *Monthly Gross Sales: $95,000 *Monthly Net Income: $12,000 *Asking Price: $179,000 *Alcohol License: Type 41 (Beer & Wine) This Sushi restaurant has a rich, 22-year history at its current location, building a strong base of loyal customers and a stellar reputation in the community. While recent sales have seen a slight dip, the restaurant previously generated over $100,000 in monthly revenue. The current owner mainly assists with server duties and is not a sushi chef, presenting a unique opportunity: if the new owner has sushi experience, there’s potential for even greater profitability. That said, this well-established business can be effectively run without prior sushi experience. Don’t miss this chance to own a thriving Sushi restaurant with a proven track record and abundant potential, all at an attractive price. Take the next step and make this beloved restaurant yours!
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Yearly net income $180,000 : Mediterranean fast food
$ 390,000
CF : $ 180,000
SBA LOAN POSSIBLE FOR QUALIFIED BUYERS. 30 % DOWN($120,000) YES. Here is an exciting opportunity to own a semi-absentee run Mediterranean restaurant located in the vibrant county of Ventura, California, right next to a bustling movie theatre. This restaurant with beautiful patio has been a local favorite since its establishment in 2016, boasting a laudable Yelp score that stands as testament to its popularity amongst the community. Currently, the restaurant operates on an impressive monthly average sale of $75,000, generating a robust monthly net income of $15,000. Annually, these figures translate to a revenue of $900,000 and a net income of $180,000, respectively, indicating a highly profitable venture with stable income. The premises of the restaurant span 1,600 sq. ft with an additional spacious patio, providing ample room for dining and events. It's been under the same ownership for the past 9 years, which has nurtured a loyal customer base and a proven business model. An SBA loan is a feasible financing option for qualified buyers, with the requirement of a 30% down payment. The asking price for this thriving business is set at $390,000, which is a worthwhile investment considering the high net income and strong revenue generation. The new owner will be provided with two weeks of training after the closing of escrow to ensure a smooth transition, thereby minimizing any potential disruption to the business. This is an exceptional opportunity to acquire a successful and highly profitable restaurant in an excellent location. The sale reason is due to family issues, Please contact Broker Joey Kim 213 255 1478, bestjoeykim@gmail.com
Ventura County, California
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$ 499,000
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