Perfect Opportunity For A Large Chain Restaurant

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High Performing Restaurant with Strong Growth Potential
Asking Price:
$199,000

Gross Revenue:
$2,068,462
Cash Flow:
$168,051
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$443,750
included in asking price

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Business Description

Aggressive pricing for quick sale with Seller Financing available. This Japanese Steakhouse is consistently doing approximately $1.75 million in annual sales this restaurant has enormous potential. A massive 7,500 SQ FT space that can comfortably seat 250 with no expense spared on the tenant improvements. High end furniture, fixtures and equipment adorn this beautiful interior with a full bar and three separate dining rooms. The space is perfect to accommodate a large chain restaurant and the space can easily be converted. This type of restaurant is an ideal fit for seasoned restaurant operators that have adequate financials required for landlord review. It is perfect for corporate events, large family gatherings, and does huge business on/around all holidays. This restaurant is located very near a new Amazon distribution facility that is expected to open in August that will employ over 1,000 workers. Currently run by an absentee owner. The seller would consider carrying a note for qualified purchasers. NDA & Buyer Profile required for information on this business opportunity.

About the Business

Location:
Marion County, Oregon
Year Established:
2016
Number of Employees:
20
Real Estate:
Leased
Building Sq. Ft.:
7,500
Rent:
$15,000.00 Per Month
Facilities:
Large 7,500 square foot space consists of very attractive modern upscale sushi bar with Japanese steakhouse including private dining rooms to host private parties as well as an outdoor patio. High quality Hibachi tables, beautifully furnished in excellent condition.
Market Outlook/
Competition:
This restaurant offers a unique experience like no others in the area and can accommodate very large parties that most restaurants cannot. Very attractive space in an ideal location with trained staff and a different intimate dining experience with bar and restaurant provide a competitive advantage from other area restaurants.
Growth & Expansion:
Expansion of a formal sales and marketing program to expand number of corporate events/parties, tour groups, and large events can contribute to increased growth. This restaurant has year over year growth in sales despite little marketing with sales revenues as follows: 2016 - 1.56 million, 2017- 1.94 million, 2018 - 2.07 million.
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About the Sale

Reason For Selling:
moving out of state
Training/Support:
1 week
Seller Financing:
50000.00

Listing Info

ID:
1622682
Ad Detail Views:
0

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Business Listed by

Anthony Wright

Transworld Business Advisors of East Portland
License# 201223014

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Sponsoring Broker:

Daren Bucklin
Transworld Business Advisors of East Portland
License# 201220285


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