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Don't miss out on the opportunity to own this well-established Teriyaki restaurant located in the bustling city of Torrance, California. Established in 2005, the restaurant has been successfully run by the owners for over 20 years and is now available for sale due to their planned retirement. Generating an impressive annual revenue of $600,000 with a net income of approximately $8,000 per month, this business is not only profitable but also has a great deal of potential for further growth and expansion. The asking price is $189,000 with a down payment of $90,000, making it a cost-effective investment for any buyer. The restaurant is ideally located in a highly visible corner location with ample direct parking. It is surrounded by residential areas, ensuring a steady flow of customers. The low rent of $3,000 per month is another attractive feature of this business opportunity. One of the key selling points of this business is its versatility. While it currently operates as a Teriyaki restaurant, the space is suitable for conversion into a breakfast or brunch restaurant, a burger joint, or even a sushi and rolls restaurant. This flexibility allows potential buyers to tailor the business to their unique vision and operational style. As part of the sale, the current owners will provide 2 weeks of support and training after the closing of escrow to ensure a smooth transition. This is a unique opportunity to acquire a profitable business with a proven track record and significant growth potential. Contact
Torrance, California
JAPANESE SUSHI RESTAURANT IN THE HEART OF TORRANCE WITH LIQUOR LICENSE TYPE 41 - BEER & WINE
$ 179,000
Step into a thriving business opportunity with this Japanese and Sushi Restaurant for sale in the heart of Torrance, California. This well-established business, with a full Type 41 beer and wine license, has been serving the community with authenticity and flair since 2006. Located in the bustling Torrance Plaza Shopping Center, this restaurant is a local favorite, alongside anchor tenants like Vons, CVS, and Auto Zone. The prime location offers high visibility and foot traffic, contributing to the establishment's steady revenue. The restaurant is housed in a 1,055 square feet space with a monthly rent of $3,165+CAM. The lease is valid until 12/31/2026, and the new owner has the potential to obtain a new lease or assignment with an option. The asking price of $218,000 is a fantastic investment for the right buyer, considering the restaurant's solid reputation, loyal customer base, and promising growth prospects. The current staff consists of two employees (owners) who are well-trained and dedicated, ensuring a seamless transition. The owner is ready to retire, providing an exceptional opportunity for a new owner to carry on the legacy of this profitable business. Full support and training will be provided to ensure a smooth handover. This is a rare opportunity to own a successful restaurant in a prime location. Don't miss out on this chance to step into a ready-made business with proven profitability and enormous potential for growth. Contact Yuri Yano at +13109954527 or yuriyano@aol.com
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