Large 80-Seat Sushi Restaurant–Conversion to Another Concept Possible

Asking Price: $295,000

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Large 80-Seat Sushi Restaurant–Conversion to Another Concept Possible


Asking Price: $295,000

Asset Sale Description
This is a sushi restaurant with approximately 2,422 sq. ft. of space and seating for about 80 guests. It is currently operated around key concepts including AYCE all-you-can-eat sushi, premium omakase, and happy hour. The menu is extensive and includes rolls, nigiri, sashimi, hand rolls, hibachi-style items, bento boxes, kids’ meals, and desserts.

Although the restaurant continues to generate sales, after considering the high rent, payroll, and other operating expenses, there is very little actual net profit, and the business has operated at a loss during certain periods. Therefore, rather than selling it as a goodwill-based business valued according to its current income or net profit, the owner would like to sell it as an asset sale based on the existing equipment, facilities, location, and sales foundation.

This opportunity may be suitable for someone who wants to take over the existing sushi restaurant and revitalize it by improving the menu, staffing, and operating system, or for someone who wants to use the current facility for a different restaurant concept or food-service business. The purchase price is negotiable depending on the buyer’s terms and offer.

*Store Size: Approximately 2,422 sq. ft.

*Seating Capacity: Approximately 80 seats

*Business Hours: 11:00 a.m. to 9:30 p.m., open 7 days a week

*Monthly Base Rent: $11,063

*CAM: $4,129

*Total Monthly Rent: Approximately $15,192

*Annual Rent Increase: 3%

*Lease: Approximately 2 years remaining, plus a 10-year option

*Security Deposit: Approximately 3 months’ rent

*Employees: 5 full-time and 8 part-time employees

*Employee Breakdown: 3 chefs, 3 kitchen staff members, and 7 servers

*Owner’s Role: The owner does not regularly work in the kitchen or dining area and mainly handles employee hiring, food and supply ordering, grocery shopping, and general management

*Current Ownership Since: December 2019

*Reason for Sale: The owner would like to take a break

*2025 Annual Gross Sales: Approximately $930,000

*2026 Average Monthly Gross Sales: Approximately $66,454

-->Financial Information

The current owner operates another business location in addition to this restaurant, and the sales and expenses of both locations were combined for tax reporting and Profit & Loss Statements. Therefore, a separate Tax Return or independent Profit & Loss Statement showing only the financial performance of this location is not available.

In addition, after deducting payroll, rent, and all other operating expenses, the restaurant currently generates little to no net profit. Therefore, this opportunity should not be evaluated as the purchase of an existing profitable business. Instead, it should be considered an opportunity for a new operator to utilize the current equipment, facilities, sales foundation, and business location to improve the operation or convert it into a new concept.

This is an asset-sale opportunity with the current operating condition and profitability fully disclosed. The purchase price is negotiable.
About the Sale
Seller Motivation
The owner would like to take a break
Financing
Full cash
Listing Info
ID
2535403
Listing Views

Listing ID: 2535403 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. See our full Terms of Use. Learn how to avoid scams.


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