Hampton Roads Sushi Restaurant for sale

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Asking Price:
$125,000

Gross Revenue:
$315,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
not included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Business is priced to sell quickly as an asset sale but don’t be fooled by the price! There is a serious money maker behind the low price. The seller will orient the buyer on the financials during diligence. There is no owner financing available because the owner is relocating to be near his children out of state. Beautifully decorated 5,600 SF and fully equipped restaurant can be re-branded as any theme or continue the Asian venue and be very successful.

This business is in a very affluent neighborhood ad is supported by a very large Asian population in the surrounding areas. Long term lease is in good standing with the landlord. Full ABC license is clean and can be acquired with the business.

About the Business

Location:
Virginia
Year Established:
2012
Number of Employees:
2 FTE
Facilities:
4,500 sq. ft. leased space
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About the Sale

Training/Support:
Seller will negotiate a transition period

Listing Info

ID:
1394715
Ad Detail Views:
340

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Business Listed by

Charles Broadwater

Sunbelt Business Brokers / Broadstone Capital LLC.

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