Premier Japanese Restaurant
Location: Massachusetts > Norfolk County
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $545,000
Gross Revenue: $1,500,000
Cash Flow: $165,000
Inventory: $14,000 (Included in Asking Price)
Business Summary
This is a very well established Japanese restaurant in one of Boston’s most upscale urban neighborhoods. Décor is modern and updated. Staff is very authentic and professional. Complete separate bar area. Full lunch and dinner with out door seating for 40. Current owners have agreed to go separate ways and though recent revenues are below historic levels, there is a tremendous potential for revenue growth with proper management. Revenue from 5 years ago was more than double last year’s. Plenty of available parking, main and cross street. One minute walk from Green Line T stop. Hours Mon-Sun 11:30 am – 2:30 pm, 5 pm- 9:30 pm. ***Available for showing prior to 10AM please***
About the Business
Year Established: 1996
Employees: 16 full time -
Facilities: 3,200 sf on street level with 3,200 sf full basement. Outdoor seating for 40. Full liquor license Seating: 99 Parking: On main street, parallel access street and side streets
Market Outlook and Competition: Nearest Japanese restaurant is 1.5 miles away; Proper management will greatly improve performance
About the Sale
Management Training and Support: Owner will assist in smooth transition
Reason For Selling: Owners have a mandated arbitration agreement to sell
Attached Files - Attachment Disclaimer
Confidentiality Agreement - Please fax both pages to 781.682.6217 to receive more informaiton. Thank you!46 KDownload

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Listing Tools
BizQuest ID:913398
Seller ID:1109
Business Listed By
Name:Paul Corrigan
Company:ROI Corporation
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.