For Sale: Japanese Restaurant

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Update Website To Increase Store Sales 35-45%
Asking Price:
$313,000

Gross Revenue:
$730,607
Cash Flow:
$120,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$100,000
included in asking price

FF&E:
$213,000
included in asking price

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Business Description

Beautifully decorated & furnished upscale Japanese Restaurant. Store has 2,400 square feet//everything is included!! Furniture, fixtures, equipment, inventory, signs and signage-everything is included in the purchase price!

LOCATED IN A BUSY WELL-KNOWN SHOPPING CENTER!! Very good reviews on YELP!
CONTACT: Broker Harrison R.T. Davis at 703-300-9883 or 202-644-0523 to arrange a showing.
NEW YORK BUSINESS BROKERS OF ALEXANDRIA,VIRGINIA,22312-2788
$73,000.00 cash downpayment and assume $240,000.00 existing financing.
Priced at only 42% of gross sales. Get your money back in 6-8 months from the cash flow. Cash flow is $8,000.00 to $12,000.00 per month.
Price $313,000.00

About the Business

Year Established:
2012
Number of Employees:
14 +-
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,400
Lease Amount/Mo.:
$11,742.00
Lease Expiration:
5/1/2023
Facilities:
FULLY OPERATING JAPANESE SUSHI RESTAURANT, WITH FULL RESTAURANT EQUIPMENT AND ALL OTHER ITEMS INCLUDED IN THE PURCHASE PRICE.
Website:
www.kyotosushibox.com
Market Outlook/
Competition:
This restaurant is located in a well-known popular shopping center and has good visibility!!
Growth & Expansion:
Grow the business by giving your customers new dining experiences they cannot get anyplace else//Try new menu items//stick with the most popular items//Expand the take-out business//promote website in many ways//hand out flyers all over the city like other oriental restaurants do//
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About the Sale

Reason For Selling:
Owner has relatives overseas and wishes to join them.
Training/Support:
The seller will stay 2-4 weeks to assist purchaser in transition to new ownership. Lease has 1-5 year renewal option.

Listing Info

ID:
1446276
Ad Detail Views:
223

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U.S. Census Data for Fairfax and Alexandria city Counties, VA
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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Fairfax and Alexandria city Counties, VA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

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