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Orange County, California
Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating!
Asking Price
$590,000
Revenue
$2,730,000
Down
$590,000
Cash Flow
Call/Email
Name: WILLIAM PARK
Phone: Show phone number
Name
WILLIAM PARK
Phone
Show phone number
Description
This is an "Asset Sale, As Is, Where Is". Seller has lowered the price for a quick sale of assets. Sales records are on the POS, but this is an Asset Sale with no further Book Check. Buyer may perform due diligence on the assets, not goodwill.
Buyer should be professional, experienced, and have ample liquidity to successfully operate such a large restaurant, and qualify with the Landlord.
Confidential Sale, please do not disturb employees, landlord, neighbors or customers. Contact Broker for more information and NDA.
Listing: 5218 WP
Business Details
Year Established:
2005
Employees:
40
FE&E:
800000
Reason for sale:
Seller has moved out of state.
Property Information
Size in Square Feet:
8,660 sqft
Lease Terms:
Long Lease at $2.50 per square foot, plus CAM
Premises Details:
Large restaurant with many teppan tables, nice cocktail bar, very large island sushi bar, and nice patio in front. Over 9K SQFT with Patio.
Lease & Tenant Information
Posting Information
Posting ID:
275102
Business Category:
Restaurants & Food
Business Types:
Full Service, Dine In Restaurant
Asian Restaurant
Japanese Restaurant
Sushi Restaurant
Keywords:
sushi, japanese, asian, cocktails, orange county, absentee
Attributes:
Absentee Run
Broker Cooperation
License (Liquor, etc.)
Training And Support
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating!
Posting ID
#275102
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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Orange County, California
Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating!
$ 590,000
Asset Sale with Gross Revenues in 2024 of $2,730,000. Very Popular Sushi & Teppan Grill Restaurant with Full Cocktail License. Popular Trendy, Long Established in the Heart of South Orange County, Mission Viejo. Since 2005 This Happening Restaurant with a Club Vibe has Been Rockin Customers and Pouring Drinks packed on weekends. Prime Location on Top Floor of Shopping Center directly across from Movie Theater. Very short hours from 5:00 PM and Kitchen closing at 10:00 PM. Drinking goes on until customers thin out. Ample parking, large and very spacious at 8660 Square Feet plus Patio yielding 9200 Square Feet total. Maximum Capacity is 385 inside, and 49 on Patio. Rent is $2.51 + NNN $0.99 per SQFT. Total Rent + NNN is almost $30K per month. Total of 40 Employees run the show with a full time manager. Owner lives out of state, and wants the business sold. This is a great opportunity to acquire a solid, long running establishment with a long lease and fantastic terms. Clean ABC 47 Cocktail License. This is an "Asset Sale, As Is, Where Is". Seller has lowered the price for a quick sale of assets. Sales records are on the POS, but this is an Asset Sale with no further Book Check. Buyer may perform due diligence on the assets, not goodwill. Buyer should be professional, experienced, and have ample liquidity to successfully operate such a large restaurant, and qualify with the Landlord. Confidential Sale, please do not disturb employees, landlord, neighbors or customers. Contact Broker for more information and NDA. Listing: 5218 WP
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