Great Sushi Restaurant for Sale - Port Washington New York

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Asking Price:
$499,000

Gross Revenue:
$1,200,000
Cash Flow:
$210,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Turn-Key Sushi Restaurant for Sale on Main Street in Port Washington, NY is a Rare Opportunity to Own a Piece of the Restaurant Business in Port Washington. Great Lease in High-Income Area. This sushi restaurant is doing $1.2 million in annual sales.
This great sushi and Japanese cuisine restaurant for sale is available in Port Washington. This once in a lifetime opportunity to own a restaurant in the heart of Port Washington doesn't come around often. With current sales of $1.2 million, this restaurant for sale currently serves sushi and Japanese cuisine. Please note, this is a turn-key operation, no major renovation is needed.
We Sell Restaurants is excited to show you this restaurant for sale. Port Washington is a very desirable area on the North Shore and restaurants don't come up for sale often. Take this opportunity to visit this turnkey establishment and picture yourself owning this amazing sushi restaurant. The sellers are looking for motivated buyers and that is why it is priced at $499,000.
This beautiful restaurant for sale is laid out over 3200 square feet with a full basement. There are 70 seats available to accommodate both small intimate dinners and larger group parties. The best thing about this opportunity is there is 7 years left on this lease. The landlord is willing to increase the terms if the right buyer comes along. The rent is $6700 per month, which includes water, sewage, and taxes.
The kitchen is laid out perfectly for a chef and his helpers. The kitchen is fully equipped with commercial grade equipment that will suffice all your needs. Sales are derived from in-house diners, catering, take out, GrubHub, Uber eats and Door Dash.
This restaurant for sale in Port Washington offers so much opportunity. The demographics for Port Washington are impressive, too. The median household income is $155,000 at an average age of 42. Port Washington is home to more than 70,000 residents. This is an amazing opportunity to own your dream sushi and Japanese restaurant.

About the Business

Location:
Port Washington, New York
Year Established:
2012
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
3,200
Rent:
$6,752.00 Per Month
Lease Expiration:
1/1/2023
Facilities:
large hood flattop grille ovens convection oven refrigerators freezers walk in box ample dry storage shelving small appliances smallwares
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Amazing location right on Main St Been open for 7 years Large dining area
Growth & Expansion:
Lots of room for growth Growth in both Social Media and Marketing
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About the Sale

Reason For Selling:
Other
Training/Support:
yes

Listing Info

ID:
1670427
Ad Detail Views:
147

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Business Listed by

Michael Kelly

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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